Santa Cruz County, CA Laundromats and Coin Laundry Businesses For Sale

Coin Laundromat in Santa Cruz Vicinity
$285,000 Cash Flow: $67,287
Coin Laundromat in Santa Cruz Vicinity

Soquel, CA

Description: This is an extremely rare opportunity to own a coin operated wash and dry Laundromat within the City limits of Soquel. Laundromats come on the market in this area maybe once every decade…maybe. Extremely well established in its location at 2880 Porter St. Soquel, CA., for over 30 years, this facility provides wash and dry services for students, busy professionals, retirees, and everyone else in this highly regarded neighborhood. No nearby competition. Local stores include: Nearby restaurants, a bagel store, sporting goods store, taverns, and a US Post Office! Plenty of free parking available right in front, and to the side. This business is currently absentee run. All machines new in 2005. SDE includes new owner doing the maintenance and janitorial work. Price: $285,000 Financing: SBA possible; some seller financing possible for approved buyer SDE: $67,287 (3-year average) Revenues: $129,781 (2017) Inventory: Approx. $100 included Lease: Laundromat holds master lease. Net rent approx. $610 per month + NNN. Approx. 1400 SF. Broker: Rex Walters, CBB, PhD 831-239-2080 scbusinessbroker@gmail.com Lic. # 01841628 CONTACT BROKER DIRECTLY FOR NDA AND PROFILE

Coin Laundromat Santa Cruz
$330,000 Cash Flow: $92,726
Coin Laundromat Santa Cruz

Santa Cruz, CA

Description: This is an extremely rare opportunity to own a coin operated wash and dry Laundromat within the City limits of Santa Cruz. Laundromats come on the market in this area maybe once every decade…maybe. Extremely well established in its location at 1638 Seabright Ave. for over 50 years, this facility provides wash and dry services for students, busy professionals, retirees, and everyone else in this highly regarded neighborhood. Grab a bagel, some Thai food, or sushi while you wait for your clothes to dry. Excellent foot traffic provided by the other businesses in the micro-center which includes three popular restaurants and a hardware store. Revenues have dipped slightly recently, so some TLC and owner’s attention should help breathe new life into this premiere location. Seller owns the center, and is happy to negotiate a new lease at market rates. This business is absentee run. All machines new in 2005. Price: $330,000 Financing: SBA possible; some seller financing possible for approved buyer SDE: $92,726 (2016) Revenues: $209,186 (2016) Inventory: Approx. $100 included Lease: Seller owns the micro-center, and is wiling to negotiate a new lease at market rates. Broker: Rex Walters, CBB, PhD 831-239-2080 scbusinessbroker@gmail.com Lic. # 01841628