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Van Nuys, California
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Name: Diane Kwon
Phone: Show phone number
Name
Diane Kwon
Phone
Show phone number
Posting ID:
280854
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Keywords:
coin operated, laundry, laundromat, van nuys, california
Attributes:
Absentee Run
Semi Absentee Run
Training And Support
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***This is an Asset Sale - Financial information is not available*** Here's your chance to own a previously operated laundromat in San Francisco, California, with significant wash-dry fold and pick-up/delivery potential. The business, priced at an asking price of $80,000, includes an option to rent an attached one-bedroom apartment, ideal for those seeking live/work options. Located in a bustling neighborhood with high foot traffic, this laundromat business offers a lucrative opportunity for the right investor. There is an rear entrance which provides access to a public parking lot. The seller is open to multiple configurations tailored for your needs. Option 1: Includes Coin laundry business plus one bedroom, one bathroom apartment (Combined ~2,186 sq ft) for rent at $7,103 per month. Option 2: Includes ~1,600 sq ft coin laundry business with rent at $3.40 sq ft. Includes all existing equipment and leasehold improvements for laundromat. Option 3: Includes reduced coin laundry space (~800 sq ft) with rent at $4.00 sq ft. Includes all existing equipment and leasehold improvements for laundromat. Asset sale asking price for this option is $45,000. Equipment Included: 12 - Speed Queen 22lb SFNNC Washers ($5.50) 2010 2 - Dexter 18lb WCN Washers ($6.50) 1999 4 - Dexter 40lb T-600 Washers ($9.00) 2008 2 - Dexter 60lb T-800 Washers ($12.00) 2008 12 - ADC AD-236 30lb Stack Dryers ($.25 for 6min) 2001 1 - RBI LCD Dominator Water Heater with large capacity Storage Tank 2 - Soap Vending Machines 8 - Laundry Carts 1 ATM Machine 2 - EasyCard Value Transfer Machine *All machines are currently set up to accept only Card and App payments. However, the machines could be converted to accept coins if desired. EasyCard system is obsolete and will need to be replaced in the near future. *All equipment is sold in "As Is" condition. Some machines are not currently operational. The seller is offering a new 10-year lease with two 5-year options, providing long-term security for the buyer. Please note, financing is not available for this asset sale, and only all-cash offers will be considered. This is a rare opportunity to invest in a well-located laundromat business with growth potential and an added live-in option.

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