Coin Laundromat - Hi Density Area - New Machines!

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$350,000 $372,000

Services: Dry Cleaning & Laundry


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RE: Coin Laundromat - Hi Density Area - New Machines! Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $350,000
Annual Revenue: $372,000
Net Profit: Not Disclosed
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: $700,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 3
BBN Listing #: 914655232
Broker Reference #: 4668 JRWL

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Business Overview:

The Laundromat is located in a high densely populated area of Los Angeles with the machines only 6 years old.

The spacious open layout provides a comfortable washing experience for a day of washing with many granite folding areas for customer convenience, snack and soda vending machines, soap vending machines, two coin changers, an ATM machine, 3 large flat screen TV”s, and many game machines keeping the kids occupied.

The owners have decided to offer the Laundromat for sale early to peruse other plans, this is an excellent opportunity to purchase a Laundromat in great condition with new machines and good income with potential to do much more, new owner can still increase the income by adding other profit centers such water machine, fluff & fold, developing pickup and drop-off service to the hotels in the area, opening 24 hours, and developing some creative marketing the current owner hasn't done any advertising.

Equipment 14- Top loaders, 13- 25 lbs, 18- 40 lbs, 10- 55 lbs, 2- 75 lbs, 2- 90 lbs, 70- 30 lbs dryers, 5- 50 lbs dryers, 7- game and arcades machine 40% return, 3- Massage chairs 60% return, 2- Vending machines rental $205/month, 2- Vending machines Own, and 1-ATM machine 50 cents @ transaction.

With new equipment new owner will have many years of maintenance free operation 59 washers and 75 dryers, call me today this one will go quick.

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Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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