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Business For Sale
EAST LA COIN OP
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Asking Price: |
$300000
USD USA Dollars
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Business for Sale Industry: |
Services: Dry Cleaning & Laundry
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Reason for Selling:
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other opportunity |
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Year Established:
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1993 |
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# of Employees:
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2 Part Time |
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Yearly Revenues:
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$137000 |
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Yearly Net Profit:
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$62000 |
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Monthly Payroll:
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$1,600 |
Business for Sale Overview:
Consistent Money Maker with a Great Lease! This laundromat continues to provide positive cash flow for its current owners. Any new owner should expect the same. Due to its favorable lease of only $1,800 and ideal demographics, this business continues to have an upward trend. Currently there are 19 top loaders, 2 X 50lb front loaders, 8 X 40lb front loaders & 9 X35lb front loaders with 18 dryers. Additionally there are vending machines, video games, and kiddy rides for additional income.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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