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Los Angeles County, California
Coin Laundry combined with Coin Car Wash including the property
Asking Price
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Revenue
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Down
$1,500,000
Cash Flow
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Business & Property Description
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.
Posting Information
Posting ID:
3858472
Business Category:
Service
Business Types:
Car Washes, Detailers
Coin Laundry, Laundromat
Attributes:
Absentee Run
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Posting Title
Coin Laundry combined with Coin Car Wash including the property
Posting ID
#3858472
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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.
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