Profile: Established Upland Laundromat - Coin Laundry With Potential.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Larry Larsen, Broker
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| Primary Phone: |
714-630-9274 |
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| Alternate Phone: |
714-630-Wash |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/14/08 |
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| Date Last Revised: |
10/14/08 |
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| BizBen Ad #: |
122120 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$180,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$114,000 |
| Annual Adjusted Net: |
$38,508 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Upland Laundromat In San Bernardino. Apartments Around This Site. Good Area For A Coin Laundry With A Long History Of Great Operation. The Landlord Just Did A Complete Remodel On This Center. This Store Is Primed For A Business Increase With Your Loving Care And Attention. This All Cash Business Opportunity Requires Limited Owner Management, No Accounts Receivable, No Inventories, And Steady Opportunity For Return On Your Investment. Buyer & Selling Broker Should Verify All The Items On This Listing.
Laundry Name & Location: Coin Laundry, 891 West Foothill, Upland, Ca 91786, Cross Street: San Antonio.
Listed Price: 180,000.00; Monthly Income: 9,500; Monthly Expenses: 6,006; Net Income: 3,494. 20 Times The Gross & 54 Times The Net.
Detail Of Expenses: Rent: 3,767; Nnn Or Cam: 0; Gas: 545; Electric: 336; Water & Sewer: 298; Insurance: 140; Repair Parts: 50; Repair Labor: 75; Cleaning Labor: 650; Cleaning Supplies: 25; Vending Product: 50; Personal Property Tax: 45; Misc: 25.
Equipment: Top Load: (20) Ge 1 1/2 Years; Frontload: (47) Ipso 25lb 10 Years; Frontload: (5) Ipso 35lb 10 Years; Frontload: (2) Ipso 50lb 10 Years; Dryer: (20 Pockets) American (10 Stacks) 1 Year; Dryer: (4 Pockets) Conti-Dexter (2 Stacks) 10 Years; Changer:(1) Standard Sc44; Soap Machine: (1) 7 Column; Other: Paloma Tank Less Heaters 1 Year, (2) Soda Machines (As Is).
Comments: This Store Is Located In A Shopping Center That Has Just Been Completely Remodeled. Income Should Be Higher When The Center Is Fully Reopened. Averaged Over 11,000 Before Being Impacted By Center Remodeling. Paloma Tank Less Heaters. Apartments.
For More Laundromat Information Go To www.laundromat123.com.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Larry Larsen, Broker at 714-630-9274 or 714-630-Wash |
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