Voytek Michnicki
Premier Laundry Systems
Postings
Chino, California
Chino Coin Laundry
$ 160,000
CF : $ 49,200
For sale is a coin laundry business located in the city of Chino, California, in San Bernardino County. Established in 2005, this laundromat has been providing services to its customers for over 22 years by the sellers. The business is semi-absentee run and comes with training and support from the current owners, making it an ideal opportunity for someone looking to step into an already successful setup. The asking price for the business is $160,000, which is also the down payment. The business generates an annual revenue of $228,000 with a cash flow of $49,200, making it a profitable venture. The business is run by one employee under the guidance and supervision of the owners. Some of the equipment needs to be updated. Laundry has a new 10-year lease with 1–5-year option to renew. The sellers are retiring and are eager to train the new owners in the operation of the laundry, ensuring a smooth transition. This is a great opportunity to own a well-established service-based business in California. For more information, contact the broker.