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Coin Laundry - Always Busy!

Chico, California (Butte County)

Services - Drycleaning/Laundry

Asking Price $379,000 Inventory $2000** 
Gross Income 218380 Real Estate  
Cash Flow $62,924 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Currently the owners work the AM;s. Work schedule flexible for new owner-work all or none, college students fill in remainder. Rev's are consistent with exception of '07 where front street was under construction.

Facilities: Leased building is located in 2,540 sq ft of 8,000 sq ft strip center. Current base rent is $2,346.76 monthly, fixed term lease ending on 12/31/2014. Rent increases are based on 2011/2014 CPI.

Competition: No real competition in the immediate area. Equipment is well maintained. Family run for many years.

Growth/Expansion: High volume. Priced right. Fluff & Fold big part of profit.

Financing: Tbd

Support/Training: Seller will provide sixty (60) hours or twenty-one (21) days of consultation, which ever comes first.

Reason Selling: Retirement and health reasons.

Business For Sale By

Dale Eyeler

530-713-4757

Coldwell Banker Commercial

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