Je Young Kim's Business Postings
San Fernando, California
Profitable Coin laundry
$ 4,500,000
The store has been operating successfully for approximately **5 years and 10 months** and has built a strong and stable customer base. Strong Points : Low water cost, ample parking lots, reasonable lease terms & conditions. ### Facility • Approx. **6,000 SF total space** (4,800 SF for coin laundry + 1,200 SF for extra space ) • Spacious layout with efficient equipment placement ### Equipment Mix (Excellent Size Variety) **Washers (Total 59 Units):** • 20 LB – 15 units • 30 LB – 16 units • 40 LB – 16 units • 60 LB – 8 units • 80 LB – 4 units **Dryers:** • 30 LB Stack Dryers – 28 stacks • 45 LB Stack Dryers – 6 stacks ### Income • Washer Income: Approx. **$114,000 / Month Average • Vending Income: Approx. **$14,000 / Month Average • Additional Income: Massage Chair, Coffee, ATM, Sub-Income **Total Monthly Gross: Approx. $129,500** ### Monthly Operating Expenses (Approx.) • Rent: $11,000 • Gas: $7,800 • Sewer/Water: $6,000 ( Very low water cost area ) • Electric: $3,600 • Insurance: $2,000 • CAM: $1,490 • Vending Costs: $7,000 • Payroll (Attendant/Janitor): $12,000 • Parts & Maintenance: $1,000 • Miscellaneous & Other: Remaining balance **Total Operating Expenses: Approx. $54,218 / Month** ### Net Income Estimated Monthly Net Income: **~$74,000 appx. Strong cash flow relative to asking price. Excellent return for owner-operator or experienced investor. --- ### Additional Highlights ✔ Modern store (under 6 years old) ✔ Multiple income streams (vending, coffee, ATM, massage chair) ✔ High-density residential area ✔ Accurate sales history This is a rare opportunity to acquire a high-volume laundromat with proven performance. Serious inquiries only. Proof of funds required prior to detailed financial disclosure. ( 30 to 40 % Down for the loan )
Los Angeles County, California
Coin Laundry combined with Coin Car Wash including the property
Call/Email
Coin Laundry + 4-Bay Car Wash with Real Estate – South Los Angeles County I facilitated the sale of this business to the current owner about five years ago, and since then, the owner has been very satisfied with its performance. The current owner, who was 79 years old, sadly passed away in January. That is reason to sell this business including its property. The opportunity to own a modern approx. 4,000 sq. ft. coin laundry combined with a 4-bay self-service car wash on approx. 21,303 sq. ft. lot. Located on a high-traffic major street, this facility offers excellent visibility, easy access, and ample parking. Property & Facility Highlights Real estate included in asking price : $7.25 M. 50 washers & 52 dryers : Free Dryer System that seems most efficient system for customers. Very low water cost : About 40 % of the water cost compared with the city of LA. ( It's belonging to LA county ) 4 car wash bays with vacuums and vending Additional amenities: ATM, security system, bill changers, water heater, compressor Spacious, well-designed layout for customer convenience Upside Potential Add Fluff & Fold service for drop-off, pickup & delivery Add credit card/mobile payment system to capture more revenue Asking Price: $7,250,000 Down Payment: $1,500,000 possible amount with Par-Passu Loan program. A very well-maintained and profitable operation, positioned for continued growth.
Los Angeles, California
Coin Laundry
$ 2,200,000
Coin Laundry Business for Sale – Los Angeles Asking Price: $2.2 M. Hours: Open 24 Hours Store Size: Approx. 5,200 sq ft Type: Established Coin Laundry with Strong Net Income I facilitated the purchase for the current owner in 2018, and she has been very satisfied with the business performance since then. In addition to this laundry, she has successfully operated a restaurant and another large coin laundry. This location has been fully attended for the past seven years, as the owner resides far from the area. --Financial Highlights based upon the data 2024 provided by the seller. Monthly Gross Income: $92,610 Monthly Net Profit: $35,350 ( Very high washer prices create high profits. ) Operating Costs: $47,260 Income Breakdown Washers & Dryers: $72,000 Vending: $1,700 Video Games: $1,200 Parking: $800 Market Sales (bulk soap, etc.): $5,600 Other Income: $1,310 (Sublease, Restrooms, Massage Chair, Coffee, Ramen) ---Expense Breakdown Rent: $10,079 Electricity: $10,651 Gas: $6,131 Attendant/Janitor: $10,147 Insurance: $1,000 Parts/Maintenance: $1,000 Vending Lease: $299 Vending Costs: $2,000 ---Equipment List ( Very high prices to create high profits. ) Top Load Washers: 8 / $3.75. 20 lb Washers: 4 / $4.75. 30 lb Washers: 10 / $5.75. 40 lb Washers: 16 / $6.5. 60 lb Washers: 10 / $8.75 45 lb Dryers: 14 / 8 min per .25 30 lb Dryers: 17 --- Key Advantages Prime North Los Angeles location with strong foot traffic ; therefore high prices on washers to create lots of profits. Has been operated by attendant for 7 years. 24-hour operation attracts steady customer flow.
Orange, California
Express Car Wash and its property
$ 14,000,000
Exclusive Listing – Premium Express Car Wash with Property – Orange, CA 🚗 📏 Lot Size: ~47,313 sq. ft. with exceptional street frontage Highlights: 200-feet MacNeil tunnel with Dual Belt System and (2) MicroLogic Paystations — impressive length to maximize throughput and attract drive-by customers. 31 Vacutech vacuums for high-volume service capacity. Newly opened August 2024 — state-of-the-art equipment and facilities in pristine condition. Current Gross Sales: ~$135,000/month with significant upside potential. Monthly Memberships: ~2,060 active members, providing steady recurring revenue and growth potential year-over-year. Owner’s Investment: Purchase of property (including former hand car wash): $5,800,000 Construction cost: ~$5,000,000 Equipment & auxiliary systems: ~$2,300,000 Total investment: approximately $13,100,000 Value Advantage: This acquisition cost is significantly lower than what it would take to build a comparable new express car wash today, given current construction costs. This makes the property a stronger value proposition than most new-build projects. Appraisal Report : 10 M. for the property only when the seller obtained the SBA loan. Ideal for investors seeking 1031 Exchange opportunities — positioned to benefit from potential Federal Reserve interest rate cuts, boosting commercial property values. 💡 Why This Car Wash? Prime Orange County location with heavy traffic and excellent visibility. Long tunnel + premium equipment = superior customer experience. Strong foundation for immediate cash flow and long-term appreciation. Expansion potential through marketing, pricing adjustments, and membership growth. Offered Price: $14,000,000 (includes business, land, buildings, and all equipment)