Coin Laundry
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
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 2 weeks.
Reason for Sale Partnership dissolution.
Description This coin laundry is located in a busy strip center in a densely populated, working-class neighborhood in San Jose. It has close to 2,000 sq ft with a handicapped restroom. It has eight 35lb front loading washers, eight 18lb front loaders, 28 top loaders, 26 30lb dryers, and one 50lb dryer. It also has a small attached shop selling laundry supplies that generates good additional income. The business is established in an area with numerous repeat customers, and is quite active. Utility bills are available for review. Current rent includes about $510/mo sewer fee. Observation is strongly encouraged to realize its potential value! In addition to its current income, this coin laundry has upside potential by adding a wash-and-fold service or opening an attached dry cleaning agency. The owner is motivated to sell due to a partnership dissolution. Price reduced to $179,000. Contact for more information on this Coin Laundry business for sale.
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