Laundromat Rosemead Coin Laundry

Rosemead, CA (Los Angeles County)

Laundromat Rosemead Coin Laundry
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Asking Price: $155,000

Cash Flow: $40,800

Gross Revenue: $104,213

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,550 /Month

Established: 2010

Laundromat Rosemead Coin Laundry

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Business Description

Gross sales 2018: $104,213
Net Operation Income 2018: $40,800
Gross lease: $2,550 (no other rental cost)
8 year lease in place, plus 5 + 5 yrs options

- Area: South San Gabriel, Rosemead, Montebello
- Very dense market, large apartment complexes nearby
- Newly opened Costco and Home Depot nearby adding a lot of traffic for new customers
- 5 Stars ratings on social media (Google, Yelp, Facebook)
- Loyal customer base, very community based atmosphere
- Designated reading area makes this store very popular in the community
- Great potential for drop-off service (website for laundry service included in the sale price, and it will be updated for the new owner)

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
0
Facilities:
Equipment: - 6 x 60lbs Speedqueen Quantum - about 2.5 yrs old - 6 x 40lbs - Speedqueen - about 8 yrs old - 11 x 30lbs - Speedqueen - about 8 yrs old - 6 x Topload - Speedqueen - about 2.5 yrs old - 14 Double Stacked Dryers (28 total) - Speedqueen - 1 TV - CCTV System - 8 cams
Growth & Expansion:
This Laundromat has a fantastic opportunity to expand into fluff and fold. Good neighborhood for this service.
Support & Training:
Yes. 10 hours to assist new owner with operation of a Laundromat
Business Website:
http://sites.google.com/prod/view/apalaundryhub
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Business Location


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Larry Larsen

Business Listed By:
Larry Larsen

Larry Larsen, Realtor

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