Coin Laundry - Well Established In Great Area
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $295000
Net Profit / Cash Flow $127000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes & negotiable on time period
Reason for Sale Personal
Description Well established with Great Net Profit. In the heart of Reseda at a very busy intersection with 50 plus parking. Very easy to run and manage. Mixture of brand new and well maintained machines. Very long LEASE and options to renew. This is one of a kind opportunity to own an easy to run and manage with high gross and great net profit Coin Laundry in the heart of RESEDA.
The business is located very close to a very busy intersection with store front and access from Reseda Blvd and an entrance from the rear with access to 50+ parking spaces. Great neighborhood with 100's of apartments and multi family residents within a mile of the Laundry. Recently remodeled and SUPER clean and well maintained. The Laundry has many brand new machines and equipment. The business has a great customer base with many repeated customers. Please contact Bruce Nosrat at 818-835-5155.
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