Coin Laundry Ideal Area to Thrive Hi Density Apts!

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$550,000 $470,000

Services: Dry Cleaning & Laundry


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RE: Coin Laundry Ideal Area to Thrive Hi Density Apts! Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $550,000
Annual Revenue: $470,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 3
BBN Listing #: 858755232
Broker Reference #: 5016 JR

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Business Overview:

Listing # - 5016 JR

Coin laundry with a great location on a major intersection with good visibility, easy in & out access and plenty of parking.

The business is surrounded by a densely populated area of many apartments with the perfect demographics for a coin laundry to flourish, very well maintained displaying pride of ownership.

The Laundromat offers several sources of income, including fluff & fold and pickup and delivery service for commercial accounts.

The spacious open layout provides a comfortable washing experience for a day of washing with plenty of folding areas for customer convenience, snack and soda vending machines, 2 coin changers, an ATM machine, 2 large flat screen TV”s, and many game machines keeping the kids occupied.

Equipment 10 - Top loaders, 10 - 25 lbs, 8 - 40 lbs, 4 - 55 lbs, 2 - 75 lbs, 42 – dryers, 2 - large dryers.

One drink & one snack machine, two TV's are included in purchase price all other games and arcade machines are on commission.

Call me today to take advantage of this opportunity with great location, location, location.

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Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is leased.
  • The owner is 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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