Clean Coin Laundry
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $151000
Net Profit / Cash Flow $55000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Selller will provide training.
Reason for Sale Retirement.
Description Full time income with part time effort can be yours with this clean, profitable, coin laundry located in Guadalupe CA, minutes from Santa Maria, San Luis Obispo and other metro centers. This 2,700 square foot supports 50 washers and 34 double stack dryers, many of which are new, and owner owned vending machines for snacks and drinks. This location is ideal; on the busy main street corner, that connects centers to the south and north; a freestanding high visibility building; excellent parking. There is a wide bulk soap and fluff and fold counter, business segments that a new owner could grow and the long-term lease provides the owner operator with stable rent conditions for the next 14 years with a first right of refusal purchase option on the building.
The seller is relocating, but will train the new owner, and the part time help is willing to stay with the new owner as well. This is a perfect opportunity for an owner operator or a retiree on the Gold coast who wants income without a full time job. Email or call Peter Patel or Bob Killen at 310-539-8300 for more information on this Coin Laundry business for sale.
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