Business Overview:
A cute laundromat near Koreatown in the Mid-Town area. A good solid blue collar neighborhood. Business established for 16 years.
Approx. 1,276 square feet. Lease of 2 years + a 5 year option. Rent of $3,450/month, NNN included.
Open 6AM-8:30PM daily. Doors open electronically for you. A lot here for the money. Fluff & fold too.
Owner has another job and can't manage this shop too. Needs marketing and promotion to the many people living in the area. Can you bring the shop back up to where it should be? It will sell for under asset value.
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Property Features and Assets:
46 machines. 21 washers and 25 dryers. Speed Queen and LG. Also coin change machine, vending machine, TV, security cameras, carts, racks, +++. It's all here.
A bus stop right in front of the shop.
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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