Absentee Run Coin-Op Laundry In SF

San Francisco, CA
San Francisco County

Asking Price: Annual Revenue:
$148,000 $133,140

Services: Dry Cleaning & Laundry

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RE: Absentee Run Coin-Op Laundry In SF Broker: Francisco S
License #: 01160661
Owner Financing is Available!
$49,000 at 6% for 36 months payable at $1,490.67

Quick Facts

Asking Price: $148,000
Annual Revenue: $133,140
Net Profit: $2,628
Cash Flow: $2,628
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 3398931
Broker Reference #: SF10590

Email or Print Listing

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Business Overview:

Rare opportunity for an absentee run coin-op laundry in San Francisco. Profitable and has averaged $140,000 in sales even during the pandemic. Owners live out of the area and have full-time jobs. The business would be better suited for existing operators or someone that is closer to the location. The facility has 27 washers, 26 dryers, CCTV, change machines, soap vending machines, and a boiler. Since taking over at the end of 2018 the owners have replaced multiple machines and replaced the boilers. There is room for someone to add a dry-cleaning agency and/or wash and fold. Perfect for someone looking for some extra cash flow or an experience multilocation operator. SF10590

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Property Features and Assets:

Down payment $99,000, The current lease will expire on 12/31/2021, Rent $4,200, 850 square feet. Hours Monday thru Friday from 7 am to 9 pm.

Reason for Selling:

Partners have full-time jobs.

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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