Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
South Gate |
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| County: |
Los Angeles |
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| City: |
South Gate |
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| Financial Information |
Detailed Information |
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| Price: |
$840,000 |
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| Down: |
$430,000 |
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| Revenue: |
$400,000 |
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| Adj. Net: |
$154,000 |
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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: |
No |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This South Gate Coin Laundry Business For Sale:
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Wascomat Washers(about 6 years), Speed Queen Dryers(about 5 years) equipped. Size:3,000Sf. Rent:4,550 with 7 years + 5 year option(Very cheap, need to get some more) Monthly Average Income:34,270(WashDryer:29,000, Others:5,427) Monthly Expense 19,000 Appx.:Rent 4,550 gross,Gas 2,500,Water 3,000, Electric 1,410, Attendant 3,780, Insurance 200, Tax for equipments 200, Parts&Labor 500, Vending cost 2,500, Alarm 35, Telephone 25, Miscellaneous 300. Expense Items for Coin Laundry are 17, should be specified exactly. With the usages of gas & water, can tell the exact sales volume for wash&dryer. Kenneth Kim has made deals 75 coin laundry stores with exact information for last 7 years.Lots of listings to sell he has. Ask him to get valuable information at first.
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Coin Laundry For Sale And South Gate Region Related Links:
South Gate Regional News & Tips For Buying And Selling Businesses
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Business Acquisition Financing Request Needs Accurate Cash Flow Earnings Explanation
What are the actual "provable" adjusted net earnings (cash flow) of a company being purchased and considered for business acquisition financing? Buyers will need to look carefully at tax returns and financial statements to determine the "real" adjusted net income or cash flow of the business being purchased - banks and financial institutions review these numbers carefully (and in many instances discount items that may be considered addbacks). If you are thinking of financing a business purchase you need to read this BizBen blog posting. |
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Bankruptcy Sale: Los Angeles 4 Wingstop Franchised Restaurants - Offers Due: March 2, 2012
Time to bid! National Franchise Sales has been retained by the bankruptcy Estates of BEVERLY QSR, INC., a Nevada Corporation, VIBRIDA QSR, INC., a Nevada Corporation, D&D RESTAURANTS, INC., a Nevada Corporation, and SYNERGY 2002 R.E.I., INC., a California Corporation to sell four (4) Wingstop franchised restaurants in the Los Angeles area. OFFERS DUE: MARCH 2, 2012. Go to www.nationalfranchisesales.com/bdv or Call 949-428-0489 for details. |
South Gate 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. |
South Gate Regional Businesses Wanted To Buy
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Buyer Seeks Absentee Or Manager Run Small Business In Either LA County Or Ventura Area
Buyer Seeks Restaurant, Cell Phone Store, Smog Center, Mail Box Store - absentee run businesses in the Los Angeles, Ventura area. He states: " I am primarily interested in small restaurants (not full service), mail box stores, cell phone stores, and smog test centers. I would also consider small gyms. However, I am not particularly concerned with the type of business. I will consider anything up to $250,000. I am looking for businesses that are netting at least 40% of the asking price, after accounting for what it would cost for a manager to do whatever the owner does now. My intention is to partner with someone who will run the business. For this reason, I am particularly interrested in absentee-owned businesses that are currently bringing in a good net income. If the current manager is interested, I would like to partner with him or her. As I have a good income independent of the business, my hope is that my income will serve to help guarantee a loan. My involvement in the business will primarily be marketing." For more info and contact information regarding this business buyer please log into your BizBen Account. |
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Buyer Seeks Postal Service, Mail Box, Notary or Coin Laundry Within 8 Miles Of 90045
Buyer looking to buy Postal service/mailbox/notary and/or coin-op laundry located within 8 miles of 90045. I have $100K for down but having a small business loan is not out of the question (for tax purposes). Looking for a well established business that has room to grow. I am customer service friendly (25 years and growing) and will work the business on my own with a part time employee. Priced from $80K to $150K but willing to look at others. I reside in 90045 I am a homeowner. If you have a business for sale that matches this buyers description please log into your BizBen account for this buyers contact info and details. |
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Business Buyers Looking To Buy Los Angeles County Bar With A Type 48 Or 42 Liquor License
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. |
More Los Angeles County Information For Buying & Selling Los Angeles County Businesses
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