Laundromat Ojai, Ventura County California

Ojai, CA (Ventura County)

Seller Financing Available
Laundromat Ojai, Ventura County California
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Asking Price: $169,000

Cash Flow: $37,560

Gross Revenue: $117,864

EBITDA: $37,560

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Laundromat Ojai, Ventura County California

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Business Description

This is a well-established business in the quaint town of Ojai, Ventura County. Same owner since 1997 (21 years). Revenue is reliable and consistent. The laundry offers self-service coin laundry and a good, profitable Fluff & Fold operation, having some commercial accounts as regular customers. The combination of coin laundry and Fluff & Fold offers excellent upside potential with some cosmetic improvement inside and outside with some replacement equipment. There is also unlimited expansion by way of additional commercial accounts. If you've been waiting for an Ojai coin laundry to hit the market, this is your chance. Note: The real estate is available if buyer is interested.

Note: The net income shown here is actually lower than the net income range. Including the Fluff & Fold revenue, the net income fluctuates between $3,000 to $5,000 per month.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
1 attendant
Facilities:
Standard laundry facilities.
Competition:
Very limited competition in Ojai.
Growth & Expansion:
As described above.
Financing:
Negotiable
Support & Training:
Seller will train and assist buyer for a minimum of 30 days after the close of escrow.
Reason for Selling:
Retirement
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Business Location


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Phil Moses

Business Listed By:
Phil Moses

Phil Moses Coin Laundry Brokerage

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