Coin-Op Laundry Six Figure Profits

Los Angeles, CA (Los Angeles County)

Coin-Op Laundry Six Figure Profits

Asking Price:$449,000

Cash Flow:$122,663

Gross Revenue:$255,128

EBITDA:N/A

FF&E:$300,000

Inventory:$6,000

Lease Rate/Sq. Ft.:N/A

Established:2009

Coin-Op Laundry Six Figure Profits

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Business Description

Spotless, well-maintained nearly absentee coin-op laundry located in the heart of Central South LA ready for a new owner. Situated at the intersection of two major streets in a demographic prime for coin operated laundry services.

All this business needs to soak up the profits is a new owner. Priced to SELL! Motivated owner is ready to move.

Reduced! Now qualifies for SBA financing! 15% down and the business is yours.

Also, a brand new solar thermal array has dropped the gas bill in half from last year. Fluff and fold could be added to increase profits. High traffic and great demographics mean a high return on investment relative to purchase price.

Stainless steel IPSO and Whirlpool washers with IPSO dryers in the inventory present a clean, well-ordered look in a 2,600 sq ft storefront. Even the concrete floor is spotless and polished.

Current owner runs a construction company and simply has no time to take this business to the next level.

Contact Cody King @ 805.616-9488 or cking@bizex.net NOW as this one WILL NOT LAST!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease Exp: 2017
Financing:
Call
Support & Training:
Seller will train
Reason for Selling:
Other business interests

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