West Los Angeles Coin Laundry - High Income with Newer Equipment!

Los Angeles, CA (Los Angeles County)

Coin Laundry Front Load Washers & Dryers

Asking Price:$1,650,000

Cash Flow:N/A

Gross Revenue:$742,728

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

West Los Angeles Coin Laundry - High Income with Newer Equipment!

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Business Description

High grossing and highly profitable Coin Laundry located in the heart of West Los Angeles on a major street. Great signage, exposure, and ingress and egress into the business strip center.

This Laundry has been established for over 20 years in this location. The current Owners have fully remodeled the Laundromat and installed all new Washers 3 years ago, and all new Dryers and Water heating systems 1 year ago. The Laundromat operates for both a self-service Coin Laundry clientele as well as a busy drop-off "Fluff and Fold" customer base.

This is a fully attended laundry operated by employee's. The Owners work part-time and manage the business operations and coin collections.

Detailed Information

Employees:
9
Facilities:
High grossing and highly profitable Coin Laundry located in the heart of West Los Angeles on a major street. The Laundry is located West of the 405 freeway, adjacent to Santa Monica City and UCLA Westwood area's.
Growth & Expansion:
Upward trending Coin Laundry with continued opportunities for growth.
Support & Training:
The Owners will provide hands-on training during the due diligence and Escrow period. The Owners will also make themselves available for training appointments for 2 weeks after the close of Escrow, and phone call questions, guidance, and advice for 60 days after the close of Escrow.
Reason for Selling:
Relocating out of Los Angeles

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Scott Steinberg

Business Listed By:
Scott Steinberg

Cal Laundry Invesments

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