Willits Coin Laundries With Real Estate!

Willits, CA (Mendocino County)

Willits Laundromat-Outside View

Asking Price:$546,000

Cash Flow:$60,385

Gross Revenue:$168,400




Real Estate:$417,000


Willits Coin Laundries With Real Estate!

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Business Description

Live in the Beautiful Small Town of Willits, Gateway to the Giant Redwoods and only 2 Hours & 20 Minutes to San Francisco, and Own & Operate 2 Successful Coin Operated Laundries and Own the Real Property Too! Willis is just a Short Drive to Ukiah, the County Seat of Mendocino County. Both Laundries with the Real Property are to be Sold at the Same Time. The Asking Price Includes Both Laundries and the Real Estate! The Seller Has Purchased Lots of New Equipment in the Recent Past and All Equipment is Professionally Maintained & in Excellent Condition.

This is a Steady & All Cash Business.This Is Also A Great Part Time Business For People From All Walks of Life Wishing To Supplement Their Income. Coin Laundries Historically Perform Very Well During Recessionary Times! Call Or Email For More Information. A Non Disclosure Agreement Is Required Before Giving The Address, Additional Income And Expense Details.

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
One Laundromat Occupies 1,500 Sq. Ft and the the Other Laundromat Has 1,850 Sq. Ft. These Two Coin Op Laundries Have Good Parking and Have Good Visibility and Are Located on Highway 20, the Main Four Lane Road Through Willits. Much of the Commercial Washers and Dryers Have Been Replaced in Recent Years.
There are other laundromats in the area but the competition is limited.
Growth & Expansion:
Both Coin Laundries are ready for cosmetic renovations. This should make a improvement to the income growth of both laundries. Also, there is Potential to Increase the income with effective advertising and promotions.
Support & Training:
The Seller Will Provide Training During Escrow in order to familiarize the Buyer with all aspects of the laundry's operation including equipment maintenance. The Seller will also be available after the sale to provide a reasonable level of consultation and support.
Reason for Selling:
Seller is retiring after 30+ years in the business.

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George Morgan

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George Morgan

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