Call or Email
Asking Price
Address: Call or Email, Los Angeles, Call/email.
Status: Active
Posting ID: 252904
10/27/20
Description
To get more information about this Coin Laundry business for sale in Los Angeles please phone Diane Kwon (Agent - BRE License #:01788986) at 213-999-9500 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252904 on BizBen.com. In addition to phoning Diane Kwon, make sure you email Diane Kwon above to get more info about this Coin Laundry, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01788986. The H Realty.
Contact
Details
Asking Price: Call or Email
Down: 35~40% SBA
Cash Flow: Call or Email
Revenue: Call or Email
Area: Los Angeles
City: Los Angeles
Attributes:
My Notes About This Listing
Cash flow
N/A
Revenue
N/A
Down
Call/Email
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Revenue
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Revenue
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Revenue
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Down
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Revenue
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Cash flow
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Revenue
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Down
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Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
Let's be honest, typically it takes a while (6 months to a year) to sell a business, from listing to close of escrow, and so it's common that many sellers are anxious as the close of escrow nears with a buyer. Joe Ranieri (Business Broker) examines common seller mistakes owners should stay clear of.
Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract?
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.