Coin Laundry With Great Lease
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $144000
Net Profit / Cash Flow $53000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training for 2 weeks at 20 hours/week.
Reason for Sale Retirement.
Description Over 2,700 sq. ft. coin laundry in Lakewood / Paramount area which is great for this type of business. Unbelievably, this coin-op laundry has below market rent that is fixed for five years. And then a small increase that is fixed for another five years. Equipment are in good condition, a lot of potential to draw more customers with updated equipment. Parking lot is plenty and owner is finally retiring after running this business for last ten years. Financing may be available for qualified buyers with 50% down. Email or contact James Jun at (310) 539-8300 for more information on this Coin Laundry business for sale.
Click Here To Contact Seller
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