Coin Laundry For Sale - San Diego, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
San Diego Area |
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| County: |
San Diego |
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| City: |
San Diego |
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| Financial Information |
Detailed Information |
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| Price: |
$180,000 |
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| Down: |
Call/Email |
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| Revenue: |
Call/Email |
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| Adj. Net: |
Call/Email |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Call |
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| Franchise: |
No |
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| For Sale By Owner: |
Yes |
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| Asset Sale: |
Yes |
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| Lifestyle: |
No |
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Description Of This San Diego Area Coin Laundry Business For Sale:
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Coin Laundry for Sale Location: 1955 El Cajon Boulevard San Diego, CA 92103 Category: Coin Operated Laundromat This Laundromat has been priced for a quick sale. The price has been lowered to 180,000.00 and is going to be structured as an asset sale. We will not be providing financial information to buyers as the price includes the inventory of the store 'as is'. If you were to build your own store brand new, permits alone would be in excess of 175,000 for a location of this size. The price is structured to include the electrical, plumbing and all equipment in its current condition. Buyer must have cash reserves of at least 70,0000.00 BUSINESS DESCRIPTION: This Coin Laundromat has been in business for approximately 20 years in the same location. The business park is close to many multi-family as well as single family homes and has a great set of clients, many of whom have been coming to this Laundromat for as long as it has been there. This location has incredible growth potential and opportunities for increased revenue. The Size Of The Facility Is 2640 Square Feet. INVENTORY OF STORE: Machine Type 17 - Top Load Washers (GE) 09 - Top Load Washers (Speed Queen Brand New!) 17 - Front Load Double Washers (Wascomat) 08 - Front Load Triple Washers (Wascomat) 02 - Front Load Giant Washers (Wascomat) 38 - Clothes Dryers (Heubsch) 03 - Coin Changers (Standard) PROPERTY INFORMATION: Rented Lease: Lease Agreement The Current Lease Has Been Extended For 11 Years With An End Date In 2016. Rent is approximately 6,100.00 / month. (4,000.00 lease and 2,100.00 CAM fees) Operating Costs The total fixed operating costs per month are 11,000.00. This is inclusive of Rent, and all utilities. Financing / Loan Buyer with financing in place is preferred, but there is an option of an assumable loan if needed. The loan is assumable through Alliance Laundry Systems. A 20% down payment to the loan principal is required to assume the loan. Buyer must have cash reserves of at least 70,0000.00. Location This Business Is Located In A Strip Center That Houses Approximately 10 Other Business Including A 7-11, Subway, A Mexican Restaurant And Dry Cleaners Among The Tenants. Security: The Laundromat also includes a state of the art 4 camera surveillance system that is set up to be remotely monitored over the Internet. The local hard drive stores up to 2 weeks of camera history logs.
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Coin Laundry Business For Sale Photos
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Coin Laundry For Sale And San Diego Area Region Related Links:
San Diego Area Regional News & Tips For Buying And Selling Businesses
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Lee Petsas, Broker Chats About Deposits With Purchase Agreements - Tips & Guidelines
Lee Petsas, discusses purchase agreements when buying or selling a business in his new article on BizBen, "Rules And Guidelines About Deposits With Purchase Agreements". Lee discusses: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing Deposits and Opening Escrow, Return of Deposit to Buyer, Why do we take a deposit from a buyer when preparing and executing a Purchase Agreement Contract? |
San Diego Area Regional Upcoming Events
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FREE Live Workshop - How To Buy A Coin Laundry - San Diego - Saturday 2/18
Chuck Post, a coin laundry consultant and specialty broker offers this upcoming San Diego based seminar - FREE Workshop - How To Buy A Coin Laundry - San Diego - 2/18, Saturday - to potential business buyers of coin laundries. In his San Diego workshop you will learn what to look for and also what to look out for when you are searching and buying a coin laundry. Contact Chuck Post at (619) 227-5711 or Chris Mason at (949) 878-2755 for more info. |
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More San Diego County Information For Buying & Selling San Diego County Businesses
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