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Chino, San Bernardino County, California
Chino Coin Laundry
Asking Price
$160,000
Revenue
$228,000
Down
$160,000
Cash Flow
$49,200
Description
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.
Business Details
Year Established:
2005
Employees:
1
FE&E:
Reason for sale:
Sellers are retiring
Support & Training:
Seller will train the buyers in operation of the laundry
Property Information
Size in Square Feet:
1,750 sqft
Lease Terms:
10 years with 5-year option
Premises Details:
Large center with plenty of front parking
Lease & Tenant Information
Posting Information
Posting ID:
9084151
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Attributes:
Semi Absentee Run
Training And Support
Send NDA Request
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Posting Title
Chino Coin Laundry
Posting ID
#9084151
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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