Profile: Coin Laundromat - Great Starter Business Or Add To Portfolio.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$92,400 |
| Down Payment: |
$92,400 |
| Annual Revenue: |
Call/Email |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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No Seller Financing.
Possible Broker Co-Op
Seller Is Broker
Serious Buyers Please Read Before Calling - I'm Including A Lot Of Information:
Located In The Richmond/El Cerrito Hills Unattended Residential Neighborhood Coin Laundromat For 92,400 (Price Includes Brand New (Never Used) Combo Vending Machine Just Purchased Fo 2600). This Business Is Located In A Nice Residential Neighborhood And Has Been There For Over 25 Years. Seller Just Acquired It 1 Year Ago And Is Unable To Continue Managing It Or Build Wash & Fold Business Because Of Health Issues.
A Lot Of Regular Customers Because Of Cleanliness And Safe Location. This Is A Smaller Store But Has A Steady And Nice Cash Flow Because Of The Cheap Fixed Rent And Regular Customer Base. Marketing, Adding Wash & Fold And The New Combo Vending Machine Can Definitely Increase The Revenue.
Average Monthly Gross: 3300
Average Monthly Net: 1848
Current "Fixed" Monthly Expenses:
500 Rent
160+/- Water
550+/- Pg&e
120 Insurance
15 Telephone
20 Alarm
77 Garbage
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1452: Total Fixed Monthly Expenses
Here Is What Is Being Offered:
Cheap Lease In Place But You Can Obtain Your Own Long Term Cheap Lease: 500 (Fixed For 5 Years – With 4 Years Left) After 700 (Fixed For Additional 5 Years). You Can Go In A Re-Negotiate A New Lease Directly With Landlord Who Is Very Flexible.
Equipment:
Wascomat W 124 30lb Washer 3
Maytag Top Loader Washer 9
Maytag Neptune Front Loader Washer 8
Maytag Front Load 50lb Washer 1
American Dryer Corp Stack Dryer 10 Total
American Dryer Corp Single Dryer 5
Folding Table 1
New Soap Dispenser 1
Change Machine 1
Chairs 6
Baskets 5
Surveillance Cameras
Laundry Scale (For Wash & Fold)
New Alarm System
New Combo Vending Machine (Just Purchased 2600 Reflected In Price)
Two Televisions
Please Call For Additional Info Not Included In This Ad: Beth @ 510-996-7447.
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