Profile: Coin Operated Laundry.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$375,000 |
| Down Payment: |
$375,000 |
| Annual Revenue: |
$137,400 |
| Annual Adjusted Net: |
$72,696 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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Newly Refurbished Coin Laundry That Is Located In A Great Neighborhood. Has Been In Same Location For Over 20 Years.
All Equipment Is In Great Condition Being Less Than Three Years Old.
There Are 33 Washers With 14 Dryers Plus Changers And Vending Machines.
Rent Is Only 1,000 Per Month, Plus Cam, With A Cpi Increase Maxed At 3% Per Year With Three Five Year Options.
The Laundry Is Located On A Busy Street And Occupies 1,800 Square Feet.
The Hours Of Operation Are 6am To 10pm Seven Days A Week.
Monthly Gross Income 11,970
Rent 1,000
Gas 1,586 14.7%
Water 550 5.1%
Electric 703 7.3%
Trash 135
Insurance 138
Personal Tax 50
Cam 180
Vending Exp. 50
Attendant 800
Phone 45
Nik O Lok 19
Supplies 20
Alarm 35
Total 5,473
Monthly Net 6,497
Well Priced At Less Than 5 Times Annual Cash Flow.
Don’t Let This One Slip Away. Call Now!
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Howard Tousey, Agent at 626-387-9393 or 626-387-9393 |
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