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 machine, and 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:
The current lease expires on 12/31/2025, a new lease is available, Rent $3,900; 850 square feet.
Hours Monday thru Sunday 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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