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Woodland, Yolo County, California
Asking Price
$350,000
Revenue
$229,159
Down
$350,000
Cash Flow
$60,475
Name: Jeffrey Tetsuji Ota
Phone: Show phone number
Name
Jeffrey Tetsuji Ota
Phone
Show phone number
Employees:
3
Size in Square Feet:
1,500 sqft
Posting ID:
293248
Attributes:
Absentee Run
Training And Support
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Woodland, California
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Woodland, California
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Fresno, California
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Sacramento, California
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Pasadena, California
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Located on a high traffic street in a densely populated neighborhood, this mature laundromat offers a fantastic investment opportunity for any entrepreneur or seasoned investor. The demographics show an extremely high Latino population, high average household sizes and low household incomes – all key indicators of robust laundromat trade area. Featuring a mix of new and older Speed Queen washers and dryers, this laundromat offers long-term stability and excellent growth potential. There is an existing wash and fold set up and has room to expand as you grow the operation. While an already successful laundromat, there is huge potential to improve and expand the business to capture more of the market share in this incredible trade area. A new 25-year lease with reasonable rent/NNN is available to the buyer. And there is an opportunity to expand the laundromat space by approximately 1,700 sq ft if buyer desires. Financing is available through industry specific lenders like Alliance Laundry Systems Financial, Eastern Funding, Clean Laundry Funding or any lender that you may have a relationship with.

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Laundromat with Property. 5 units of retail property Laundromat unit (4,307 SF.) is operated by an absentee owner Started 2016 year and most machines equipped at 2016 Currently average revenue with $20,000 monthly Employee operating ($6,000 monthly payment) Operated by a manager ($3,000 monthly) Property details are as follows, Unit #1: 1,262 SF Take out Restaurant space (Currently Vacant) Unit #2: 800 SF Restaurant space (Currently Vacant) Unit #3: 1,000 SF (Currently Vacant) Unit #4: 4,307 SF (Laundromat business operated by absentee owner) Unit #5: 1,280 SF (Market business operating) Rent & CAM charge is $2,500 month Lease started from 2025 year and ending 2030 plus 5 years option
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