coin laundry, laundromat

Los Angeles, CA
Los Angeles County

Mid Town / Koreatown

Asking Price: Annual Revenue:
$37,000 Not Disclosed

Services: Dry Cleaning & Laundry

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RE: coin laundry, laundromat Broker: steve holzberg
License #: 00701006

Quick Facts

Asking Price: $37,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 148330609
Broker Reference #: Not Disclosed

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Business Overview:

Coin laundry fully equipped with 57 machines. Speed Queen and LG. 10 heavy duty washers, 21 standard washers and 26 dryers.. Vending machines, coin changer, TV, carts, racks and cameras all included.
In Mid Town Los Angeles area in a small shopping center with parking.
Established for 16+ years. Owner operated. Open 6AM-10PM. Door opens automatically Newer breaker box. All dryers refurbished recently at a cost of $26,000. A solid blue collar neighborhood. The shop needs promotion and marketing to increase the sales volume. Shop has not been run properly.

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Property Features and Assets:

Approximately 1,275 Square Feet. Lease of 3 years + a 5 year option. rent of $3,300/month, NNN included.

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.

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