Coin Laundry
Location California,United States
Asking Price Range < $250K
Gross Revenues $100000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Inventory 150000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks.
Reason for Sale Owner to complete masters.
Description This is truly a one-of-a-kind opportunity! Very nice coin laundry with great Fluff and Fold business for immediate sale located in a desirable west San Fernando Valley location. Unique, upscale customer base and clientele including customers from local apartments, Malibu, local domestic employees and commercial accounts. Approximately 2000 sq. ft. of space in small strip center with long term lease.Equipment well maintained including: (22) Maytag top-loaders; (6) 18lb., (6) 35lb. and (2) 50lb. Wascomat stainless-steel side loading washers; plus (14) Wascomat 2-stack dryers and (2) 50 lb. Wascomat jumbo dryers and custom folding tables. Laundry has State of the Art 4- camera digital surveillance system, automatic door locks and 3rd-party maintained video games and soda vending. Sellers currently negotiating contract with a new commercial client providing approximately 3500 lbs./week. Goldmine for the right individual! Seller has personal/family commitments and obligations and is very motivated. Email or contact Diane Combes at (818) 342-5222 x314 for more information on this Coin Laundry business for sale.
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