Posting Details

Coin Laundry With Real Estate For Sale - Los Angeles County

1. Monthly gross : $79,800. ( $76,000. In summer, $83,000. In winter )
it comes by dividing 12 months exactly for gross of 2017.
-washers : $64,923.
- Vending : $5,423.
- Market : $7,124.
- Others : $2,327. ( water, candy, massage, atm, ice cream, coffee)

2. Monthly expense : $29,910.
- Gas : $4,800.
- Water : $3,900. ( very low water cost, about 50 % of la city )
- Electric : $2,700.
- Trash :$350.
- Insurance : $700.
- Equipment tax : $500.
- Vending cost : $6,300. ( 50 % of sales )
- Mechanic & parts : $1,000.
- Attendant ; $8,000.
- Alarm : $60.
- Biz tax : $100.
- Reserved expense in case : $1,500. ( including miscellaneous )

3. Monthly operating net profit : $49,890.

4. Maintenance fee on property : $3,000. For property tax & insurance.

5. Monthly net profit : $46,890.

6. Sba possible with 25 % down, for the loan amount of $3,300,000.
- Interest rate : prime + 1 %
- 25 years amortization.
- Expected loan payment : $20,460. For loan amount of $3,300,000.

7. Cash flow after paying loan payment : $26,430.

8. I will disclose any laundry under construction in whole Los Angeles.

9. It's exclusive listing.
The listing # 240465 Coin Laundry With Real Estate - Los Angeles County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Coin Laundry With Real Estate in Los Angeles County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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