San Diego County, CA Laundromats and Coin Laundry Businesses For Sale

Coin Laundry ASSET SALETurn-key Coin Laundry ASSET SALE
$70,000
Coin Laundry ASSET SALETurn-key Coin Laundry ASSET SALE

National City, CA

Just spent $30,000 for upgrades and some newer equipment and entirely turn-key. Currently average monthy gross +/-$8,500. Absentee and owner spends $1000-$1500 month on payroll that active owner can reduce. High density area situated close to 100’s of homes, apartments and businesses that need off-site laundry services. This coin-op has great street visibility and is well known within the community. Large parking lot 16 SPACES. The business frontage has great traffic flow and is adjacent to a busy neighborhood shopping center. 38 HD dryers $.25 for 3 minutes; 2 maxi eight load washers; 4 mega four load washers; 10 triple load washers; 12 double loader washers; 12 Top loaders. Large capacity washers and dryers that accommodate comforters and bedding 2 Coin Changers; Soap Vending; Soda and Snack Vending; sink station; folding station; fluff n’ fold service area; seating. 2 T.V. monitors; Wi-fi. New ATM machine; camera system; auto-lock on front door. Bathroom has coin-operated door for added revenue and security. +/- 2,350 sq. ft. Current lease good until October 1, 2024 with two 5 yr. options. Base rent at $3,580 plus $848.15 NNN. No increase until October 2020. CAN RE-TOOL MACHINES FOR CARD READER SYSTEM AND BOXES AVAILABLE THAT CAN BE EASILY INSTALLED. ALSO HAS TWO MACHINES TO DISPENSE CARDS NOT CURRENTLY BEING USED. ALONG MAIN BOULEVARD AND NEAR PALM AVE. LARGE MILITARY COMMUNITY THAT USES FLUFF N FOLD ONLY $.99 LB. AND CAN BE INCREASED WITH MARKETING. GREAT FOR A NEW OWNER ENTRY LEVEL COIN LAUNDRY

Pacific Beach Dry Cleaner/ Laundry
$300,000 Cash Flow: $64,850
Pacific Beach Dry Cleaner/ Laundry

Pacific Beach, CA

Long Established Coin Laundry(Since 1960). Great location with great street visibility. The owner has been operating the business for 20 years and wants to retire. This competitively business is approximately 1,440 sq ft. Coin laundry with 27 washers and 22 Dryers. Average Monthly Sales (4/2017 -3/2018) $17,189.00 Lease 10 years. Rent is $4,393.00. Payroll $2,750.00- etc. Monthly net ordinary income is $5,404.00. The owner set up the Dry Cleaners Agency to watch the business grow, future owner involvement can increase sales The price is less than 5 times. The purchase price is $300,000.00. Bank approved the loan with 50% Down Payment and maybe lower depending on the buyers financial status. Required NDA & Proof of funds. For more information please contact Tom Kim

Coin Laundry For Sale
$350,000 Cash Flow: $75,780
Coin Laundry For Sale

San Diego, CA

For Sale: Coin Laundry- San Diego County nearby Hillcrest. Long Established Coin Laundry (Since 1960) in a good coin operation market area. The owner has been working for over 20 years and wants to retire and the coin laundry is in a very good condition. This is a free-standing building coin laundry which has a great street visibility and well know within the community. The owner set up the Dry Cleaners Agency because the nearby Dry Cleaners businesses closed down due to high rent. This location is very demanding. Completely remodeled the business in 2015 with 26 new washers (10-22 lbs. 10- 30lbs, 6- 45lbs) Average monthly gross sales (4/2017 -3/2018) $20,230.00. Rent is $5,230, Lease expires 2029. Payroll $2,756 etc. Monthly net ordinary Income is $6,316.00. The price is less than 5 times, Bank approved the loan with 50% Down Payment and maybe lower depending on the buyers financial status. To get more information please contact Tom Kim.


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