3200 SF Laundromat, asset sale

Long Beach, CA (Los Angeles County)

3200 SF Laundromat, asset sale
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Asking Price: $119,000

Cash Flow: $24,000

Gross Revenue: $180,000



Inventory: $1,000*

Established: N/A

*not included in asking price.

3200 SF Laundromat, asset sale

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Business Description

3200 Sf coin laundry.
Continental washer and dryers.
New set up will cost more than $600k,
All machine look like in new and good condition, but Agent noticed that many has "out of order" sign on it.
Agent see it as poor management and delayed maintenance.
If you looking for good laundromat opportunity ( buy and increase revenue), agent believe this is a must see store.
Seller hardly working and 2 part time employee is working.
Open 6 am to 10:30 PM only.
Rent is $6500 plus $1200 CAM.
Utility: $3000/MO
Wage $2000/mo
Insurance $250/ Mo

Detailed Information

Not included in asking price
Support & Training:
1 week training
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Contact the Seller

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Jin Ho (James)

Business Listed By:
Jin (James) Ho

Bee Investment.

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