Seller Financing - Coin Laundry / Market
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $455470
Net Profit / Cash Flow $152687
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 4 - 5
Inventory 216000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide training for 2 weeks at 20 hours/week.
Description A coin laundry convenience store combination is rare in today`s market, but an opportunity with favorable seller financing is even rarer. But that is the case with this South Los Angeles area location. This is the perfect opportunity for an owner operator who wants to take this profitable business to the next level. The coin laundry has over 50 pieces of well maintained equipment and is always busy with neighborhood users. The brightly lit convenience store has ample shelf and display space for a wide variety of A?must have` products, and a full wall of refrigerated cases for a wide range of beverages and other high turnover refrigerated items. There is also a high volume water store too!
This is an ideal location; a busy thoroughfare street, free standing high visibility building, excellent parking. The long term lease provides the owner operator with stable rent conditions for the next 19 years with a fair market value purchase option. Price Includes Convenience Market Inventory Estimated at $30,000. Seller is willing to carry note with $120,000. down of the purchase price. Seller Motivated and willing to offer 2 weeks training at 20 hours per week. Please email or contact Bob Killen or Peter Patel at (310) 539-8300 for more information on this Coin Laundry / Market business for sale.
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