November 21, 2009
 
 
Coin Laundry  •  $0

Location: South San Diego
Seller: Chuck Post
Phone: 619-227-5711, 949-878-2755
 
 
About This Business
BizBen Ad #: 141311
Status: In Contract
Start Date: 10/28/09
Last Revised: 12/31/69
Location: South San Diego
County: San Diego
City: San Diego
Contact Information
Seller or Contact: Chuck Post
Primary Phone: 619-227-5711
Alternate Phone: 949-878-2755
Email: pbibroker@yahoo.com
 
 
Financial Information
Asking Price: $0
Down Payment: $Ask
Annual Cash Flow: $209,000
Annual Revenue: $408,000
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Call
 
 
Business Summary
This Is A Laundry That Was Built And Opened New In November 2006. Now, After Just A Little More Than 2 Years, This Laundry Is A Top Money Maker. With Income Of 34,000 With A Net Of Over 17,000, After Paying Monthly Payrol Of 2,500.00 (There Is Full Time Owner Participation As Additional Labor).

The Laundry Features,

*high Efficiency Huebsch Washers And Dryers (Under 3 Years Old)

*over 22 Years Left On Lease & Low Rent (Only 15% Of Gross)

*this Laundry Offers Free Dry!

*this Business Has A Continuing Growth That Exceeds The Market. Many Area Laundry Customers Are Just Now Learning Of The Free Dry. The Owner Boasts Of All The New Faces He Keeps Seeing. The Free Dry Cost Is Offset By Much Higher Washer Vend Rates (2.50 For Single Load). Area Customers Seem To Like This System Much Better.

*surveillance System *upgraded Interior Finish *popular Anchor Tenants
*us/Mexican Border Customers *opportunity To Expand Services

The Laundry Business Is An All Cash, Neccessity Of Life Service Business. This Business Is Recession Resistant And Offers Many Tax Advantages (See Your Accountant).

Laundries Are Easy To Operate And Offer Very Good Long Term Returns On The Investment.