Top Quality, High Volume Coin Laundry! Great Location!

United States

Top Quality, High Volume Coin Laundry! Great Location!
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Asking Price: $1,450,000

Cash Flow: $264,660

Gross Revenue: $511,460

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1996

Top Quality, High Volume Coin Laundry! Great Location!

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Business Description

High Volume 5 Star Coin Laundry! Fabulous Location! Great Lease!

This High Volume Hollywood Area Coin Op Laundry is in One of the Best Locations! It Offers Both Full & Self Service Laundry. This Hollywood Area Laundromat also has Top Yelp 5 Star and FaceBook Reviews! The Laundry is Professionally Managed and the Equipment is in Like New Condition. The Laundry was Completely Renovated with All New Equipment. Income Continues to Grow Due to Continuous Favorable Word of Mouth Advertising.

This is a great part time business for people from all walks of life wishing to supplement their income. self Service 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

Employees:
8
Facilities:
Great Parking, Great Visibility and Totally Renovated. This Well Managed Coin Op Has 26 Heavy Duty Commercial Washers & 28 Heavy Duty dryers. The interior and the equipment are like new.
Competition:
There are a few other laundries in the area but this is one of the best laundromats in the area.
Growth & Expansion:
With Continuous Growth since the renovation with all new commercial laundry equipment there is still plenty of ways to grow this business. The Seller currently only spends about $75.00 per month on advertising!
Support & Training:
The Seller and Seller's employees will provide training to the best of Seller's and the employee's knowledge and ability.
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(from currently available funds)
 
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Michael Ambrose

Business Listed By:
Michael Ambrose

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Sponsoring Broker:
George Morgan

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