Laundry for sale-Opportunity is knocking

Reseda, CA (Los Angeles County)

Laundry for sale-Opportunity is knocking

Asking Price:$95,000

Cash Flow:$2,000

Gross Revenue:$12,750




Lease Rate/Sq. Ft.:$1.81


Laundry for sale-Opportunity is knocking

Get Financing Save Print Share Valuation Report

Business Description

Opportunity is knocking. There is room for income growth. Seller will entertain all offers.

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Ample parking, all the equipment including washers and dryers, two vending machines
The business located right next to cluster of apartment buildings
Growth & Expansion:
There are total of $10746 expenses including utilities and $3000 pay roll paid to 4 part-time employees. The future buyers if committed to work self can save that payroll expenses. There is no convenient store next to this laundry retails sales could be increased. There is potential of getting conditional use permit and operate this laundry 24 hours.
Support & Training:
Seller to provide two weeks training
Reason for Selling:
got other full time jobs

Listing Statistics for Premium Members

Ad#:1314624 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Balbir Arora

Business Listed By:
Balbir Arora

Coldwell Banker Greater Valleys

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings

Zoom Dry Cleaning

Franchise Opportunity
Capital Required: $158,000