Laundromat- Well Maintained High Volume - Absentee

Panorama City, CA (Los Angeles County)

One Day income

Asking Price:$899,000

Cash Flow:$190,000

Gross Revenue:$500,000




Rate/Sq. Ft.:N/A


Laundromat- Well Maintained High Volume - Absentee

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Business Description


Here is your chance to own a very Clean and well maintained Laundromat in the Sun Valley area
Store was newly remolded and had new washers with card system installed.
Store is 3,700 Sq Ft. Store is equipped with the new Speed Queen washers that will help save money on water, Dryers are Speed Queen and Card system is ESD Cyber Wash.
Long term lease left, and seller will provide the buyer 120 days worth of support to help them with the business or any other needs they have. 120 days!
Must see the store to really appreciate. Store has water machine, Camera system, LCD TV's, GREAT Parking, and much more!
Laundry shown by appointment only, no exceptions.rnrn
Please do not waste my time, Serious buyers only with proven financials.
Annual NET INCOME: $190,000 */- Annual GROSS $500,000 +/-

****************************NO BROKERS.******************************

Expenses Rent $6,900
CAM $1,300
Water $3,900
Electric $1,900
Gas $2,100
TV $90
Internet $90
Repairs with parts $400
Employees $6900
Personal Property Tax $330
Trash $150.
Insurance $225
MSC $400.
Total Expense $24,685.

All Income must be verified by buyer. Net income is approximately per month is $16,000 NET.
If you want the address to the location you must email me proof of financials.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Support & Training:
120 Days of Support and Training.

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Business Listed By:
Chadi Hage

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