Coin Laundry - 53 Washers - 32 Dryers - Vending

East Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$870,000 $312,000

Services: Dry Cleaning & Laundry


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RE: Coin Laundry - 53 Washers - 32 Dryers - Vending Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $870,000
Annual Revenue: $312,000
Net Profit: Not Disclosed
Cash Flow: $182,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 4
BBN Listing #: 266255232
Broker Reference #: 5089 WPD

Email or Print Listing

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Business Overview:

Listing # - 5089 WPD

Busy Coin Laundry in East Los Angeles.

Many coin laundries around, because this is a great location for coin laundries.

Currently absentee owner run, but net profit reflects owner operator.

Payroll running $55,000 per year currently.

Coin operated only, no cards.

Speed Queen Washing Machines 6 Top Load 20#, 15 Front Load 20#, 15 Front Load 40#, 15 Front Load 60#, 2 Front Load 80#.

Speed Queen Dryers 8 Single 75#, 24 Stack 30#. Noritz Tankless Heaters, Soap Vending, Soda/Snack Vending, 2 Coin Changers, 2 TVs, Surveillance Camera System, Alarm System.

This is a great Coin Laundry fairly new build in 2017, so all equipment are in great condition.

Great landlord and very good rent.

Hours are from 6 AM to Midnight.

Please be discrete when visiting the business as the employees are unaware of listing for sale.

Confidential Sale!

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Reason for Selling:

Other Investment Opportunity.

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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