San Joaquin County, CA Commercial Laundry Businesses For Sale

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Stockton, CA - Coin Laundry For Sale
$995,000
Stockton, CA - Coin Laundry For Sale

Stockton, CA

This clean, well established 1,600 sq ft laundromat is located in a busy Walmart anchored center in a densely populated part of Stockton, with ideal laundry patron demographics. This high volume store has good parking, 4 year old equipment and 30+ years of lease remaining at extremely reasonable rent. The combination of high revenue and low rent/expenses equals huge profits. Hurry as this one won't last long! Stockton, CA Laundromat/Coin Laundry Equipment 4 Speed Queen Front Load Washers 20 lb 6 Speed Queen Front Load Washers 30 lb 4 Speed Queen Front Load Washers 40 lb 8 Speed Queen Front Load Washers 60 lb 2 Speed Queen Front Load Washers 80 lb 8 Speed Queen Stack Dryers 4 Speed Queen Stack Dryers Stockton, CA Laundromat/Coin Laundry Features 1 Soap Machine 1 Changer

Coin Laundry For Sale in Stockton with Seller's Financing Assistance!!
$232,000Cash Flow: $40,681
Coin Laundry For Sale in Stockton with Seller's Financing Assistance!!

Stockton, CA

BBB #:1500 Asking Price: $232,000 Location: Stockton, San Joaquin County, California Monthly Averaged Revenues in 2018: $11,467 (Estimated) Monthly Averaged Revenues in 2017: $9,191 (Estimated) Monthly Averaged Cash Flow in 2018: $5,137 (Estimated) Monthly Averaged Cash Flow in 2017: $3,390 (Estimated) Monthly Rent: $1,549/m LISTING DESCRIPTION: This coin laundry is located in a big shopping center, which provides coin op laundry as well as drop off business. Seller CAN finance $75,000 to qualified buyer with down payment at $157,000. The term is 5 years with 6% interest. Please see the average gross and cash flow. The income and profit are increasing still!! GENERAL INFORMATION: Organization: LLC | Square Footage: 2,000 sf | Parking: Many Parking Lots | Days Open/Hours: 7 Days, 8am - 9pm | Established Business: 10 yrs | Current Owner: 1 & 1/2 yrs | Reason to sell: Retirement | FINANCIAL STATEMENT: Monthly Averaged Revenues in 2018: $11,467 (Established) Monthly Averaged Cash Flow in 2018: $5,137 (Established) Proportion of the income: Coin Op makes 66% & Drop Off makes 33%. LEASE INFORMATION: Monthly Rent: $1,549 - $150 Credits to Seller from Landlord per month & $250 Credits to Seller from Landlord per quarter | Lease Expiration: 2023 | Option/Extension: 5 years | MACHINE INFORMATION: 6, Wascomat - Junior W620 - $3 2, Wascomat - Senior W640 - $5,50 2, Wascomat - Giant W655 - $6,50 1, Wascomat - Triple W125 - $5 3, Maytag - Neptune - $2 2, Speed Queen - T/L - $1,75 2, Whirlpool - T/L - $1,75 2, Huebsch - Front Loader Originators 25 - $3 1, Wascomat - Big Single Dryer 7, Speed Queen - Stack Dryer 5, Wascomat - Stack Dryer 1, Computer for Customers 1, Game Machine 1, Seaca - Coin Changer 1, ATM Machine 1, Soap Vending Machine 1, Snack & Soda Vending Machine 1, TV 1, Surveillance Camera Recording System

High Volume Coin Laundry Business for Sale in Stockton
$295,000
High Volume Coin Laundry Business for Sale in Stockton

Stockton, CA

Coin Laundry for Sale Details: * This is a coin laundry business for sale located in Stockton CA - San Joaquin County. * This business typically less stressful and less time consuming with mostly opening and closing trips required on regular basis. Or some owners also have installed technology to open and close the laundry doors remotely. * The laundry business is surrounded by the residential area which is good for loyal customers for your business. * As it is cash business so there are no costs related to credit cards or other costs of goods applied mostly. So virtually all the gross income is your gross profit from which you deduct your expenses. * Gross sale is about $19,000 per month, estimated as per owner. * Additional Income from vending machines is about $1200 per month, as per owner. * All furniture, fixtures, and equipment are included in the sale price. * Rent is about $4000 per month (competitive compared to the market). * Buyer may get the long lease through negotiations with the landlord. To get the location, SIGN NDA and call to discuss. NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.


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