Coin Laundromat
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $204580
Net Profit / Cash Flow $72000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 1 - 3
Inventory $250,000.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours per week following the close of escrow.
Reason for Sale Going back to his country.
Description New boiler purchased in 2006 13K, CC TV security system, a television, one soda machine. Also on percentage not owned are video games, toy machine and a candy machine. This Laundromat is a good money maker that has been established for over 10 years in an area of Los Angeles where people do need this type of business. The building size is 2,900 sq. ft. The disposable income is 72,000 after paying for a part time employee about $10,000 per year. It would be a good idea to invest in an automatic door opening and closing system and reduce the employee's cost to 1/2 or nothing. The owner wants to go back to his country and it may be your chance to purchase a decently price Laundromat. Email or call Alan Kliff at (818) 448-5623 for more information on this coin laundromat for sale.
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