A profitable Coin Laundry

Oxnard, CA
Ventura County

Asking Price: Annual Revenue:
$359,000 $321,000

Services: Dry Cleaning & Laundry

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RE: A profitable Coin Laundry Broker: Azi Manoussi
License #: 01436063

Quick Facts

Asking Price: $359,000
Annual Revenue: $321,000
Net Profit: Not Disclosed
Cash Flow: $143,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 2
BBN Listing #: 321325717
Broker Reference #: CBG000614

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Business Overview:

A seriously excellent money-maker! The best priced and a 100% Absentee-operated Coin Laundromat in a densely populated area surrounded by lots of apartment complexes. Business has been established for over 9 years by the same owner. The owner lives in another city and this business is currently being managed by employees. 25 Dryers and 39 Washers are included in the asking price. All equipment 11 years or newer. 3,000 square feet of space with a reasonable monthly rent if $6,998. Long term lease in place.

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Property Features and Assets:

3,000 square feet of space at a monthly rent of $6,998 including CAM charges. Lease expires in 2021 plus 1@10 year option.

Reason for Selling:

Other Business Ventures.

Additional Details:

  • The property is owned.
  • 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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