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Panorama City, CA
PRICE REDUCED! Coin laundry in Panorama City for sale! Prime location in a large strip center with plenty of parking. Approximately 1,800 sq ft. Stocked with relatively new equipment. Call today for more details!
Here is your chance to own a very Clean and well maintained Laundromat in the Valley area, Store was newly remolded and had new washers with card system installed in in 2011.
The store offers any new owner a unique buying opportunity, these washers are only a few yrs old, compere this store with other stores and you will see most stores that are for sale have machines that are 7+ yrs old. Stores that are that old will come with washers that do not offer water saving futures such as the ones that we use. In the future if water goes up you are able to compete and adjust the water levels on these machines.
The card system allows the buyer to charge for HOT, COLD, or WARM washes. The card system is very easy to use and has many benefits to owning a high gross store. A card store is safer and more easy to run then any coin store. Imagine having to collect $10,000 a week in coins. Imagine being able to only increase prices based off .25. This Laundrymat's is TURN KEY and ready to go! The store is in GREAT condition, come see for your self.
Store is 3777 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
*****I will provide the seller 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. Washers still under warranty!
Store has water machine, Camera system, LCD TV's, GREAT Parking, and much more!
Laundry shown by appointment only, no exceptions.
Call with any questions please
Please do not waste my time, Serious buyers only with proven financials and must have at least $400,000 cash down payment.
Annual Adjusted NET INCOME: $175,000 */-
Annual GROSS for 2013 was $475,000 +/-
Annual GROSS for 2014 was $500,000 +/-
DON'T WASTE MY TIME IF YOU DO NOT HAVE $400,000 CASH DOWN.
Panorama city, CA
Coin Op Laundry, several years new with Prime Real Estate. Top of the line equipment, still under warranty. Landlord seeks to sell business with the property in order to follow other business interests and investments.
Buyer will enjoy great "business and real estate rental income" making this a lucrative CAP rate. Seller currently has an SBA loan on the project. Detailed books, records, tax returns available with your signed N.D.A. and financial information. The business and real estate must have a concurrent close of escrow.
All Tax returns, books and records available for inspection to qualified buyers.
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