Coin Laundry For Sale - Arleta, California

February (2012) starting quick in sales - last week approximately 244 California small businesses sold by small business owners, business brokers, and agents.  BizBen and Peter Siegel the Director of the BizBen Network has compiled the BizBen.com Index since 1998.

Chuck Post a long time coin laundry consultant and laundry broker discusses in his latest article - the factors of appraising California coin laundries. Chuck claims,  "The coin laundry is an all-cash, necessity of life service business. What could be better? Yet, understanding how the business justifies such a high purchase price is baffling.  In fact, many times the value is so misunderstood that it results in investors over-paying. Sometimes grossly over-paying." Read this article and see what factors go into the pricing of California coin laundries.

Willard Michlin - CPA, CFE chats about why you can do a large portion of the due diligence yourself, depending on your background, but you should never try to do it solely on your own. In this BizBen Blog he explores ways business buyers get themselves into trouble. Read his latest BizBen blog posting on due-diligence issues for business buyers - read this blog post before you buy a business!

An important technical innovation, a combination wash and dry machine for the laundry industry, promises to help coin laundry owners increase customer visits and important update for laundry buyers and sellers. Mike Hurrell with Golden State Laundry Systems updates BizBen readers/users.

Looking to buy a Northern California card or coin laundromat? PWS Laundry is presenting their next Northern California seminar Thursday 2/16. For details go to How To Buy A Northern California Laundromat Seminar - To RSVP call 650-871-0300.

Looking to buy a Southern California card or coin laundromat? PWS Laundry is presenting their next Los Angeles, Southern California seminar Thursday 2/16. For details go to How To Buy A Southern California Laundromat Seminar - To RSVP call 323-721-8832.

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.

Buyer seeks home health care agency with an annual adjusted net income of $180K+. Ideally the business should be located in Southern California, but will purchase outside of Southern California if the right deal presents itself. Buyer has high credit score and is looking to purchase a business immediately, and has been pre-qualified for SBA financing. Contact buyer direct. For buyer contact info and details, log into your BizBen Account.

I am looking to buy a restaurant, retail, or service business in the San Fernando Valley (Los Angeles County) before the end of March 2011 . Business should have clean books and provable records. I have up to $300K (savings) for a down payment or purchase of a small business, if owner would carry a small amount that would also be great. Annual adjusted net income should be $80,000 or more. Rent must be reasonable. Call Khaled (buyer) at 310-714-7557 immediately.

I am looking to buy a bar, primarily with a 48 license, but would consider a beer bar with no food requirement. It must be located in Los Angeles County. I have $100K for a down payment, however I am interested in determining an appropriate down payment through negotiations, for either a larger or smaller amount. I require an owner's benefit of at least $55K a year, and the business must produce enough to cover any loan payments I've incurred from its purchase. The price ranges I've been searching are between $100k to $500k, but I am looking for a stable business, with steady cash flow and income. If the business is outside of my price criteria, I would be interested in negotiating a range of possible financing options. I am most interested in seller financing, but should this not be viable, I have other means of financing. I have not been pre-qualified for SBA financing, but will be inquiring. I am able to present a personal financial statement and background letter to interested sellers. My background is varied and this will be my first time buying a business. I am very motivated and hope to be running my new business with in six months. I currently reside in the South Bay of Los Angeles. For contact details for this buyer please log into your BizBen Account.

Buyers are looking for a bar with a type 48 or 42 liquor license to purchase. It should be located within Los Angeles County. They currently have $175,000 for a down payment. Partners have a combined 10 years bar management experience. They are looking for a location / bar that holds at least 80 patrons. Cash flow must be at least $35,000 a year. Buyer currently resides just north of Downtown Los Angeles.