Posting Details

Coin Laundry For Sale - Los Angeles

Los Angeles Coin Laundry For SaleThis Coin operated laundry is located in the large shopping center with great parking and visibility. Present owner operates the store for over 30 years and wants to retire. Equipment is older but in very good condition and very well maintained. There is room for increasing equipment capacity and revenue.
Store has very limited competition as 2 competitors in the area closed in the past few years. There is also room for improvement in Fluff and Fold service for willing operator.New lease will be granted for qualified buyer depending on buyer's re-investment in the store.

Overall the laundry is in good condition but with room for further improvements.

Seller will train the buyer in equipment maintenance Fluff and Fold service and in general management of the store.
Seller is looking for a quick sale
Store sold As Is.
Rear opportunity to own a laundry for minimum investment.
Best served for hands on operator.
The listing # 232116 Coin Laundry - Los Angeles below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Coin Laundry in Los Angeles please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

  Recent Listings By Related Business Types And Locations (See More Listings)
Available: Coin Laundry With Property - Well Established - Los Angeles Area
Posting #: 249291
Status: Active
Refreshed: 2/14/2019

Contact: Chris Kim
Phone: 213-321-2012
Phone: None Given

Price: $1,790,000
Adj Net: $228,000
Down: $500,000

Well established coin laundry with property. sales : coin laundry $24,000/month. Market. $27,000/month. Net income : $19,000/month. SBA possible : $500,000 down. Buyer must provide proof of down payment.
Available: Coin Laundry Including Property - Los Angeles Area
Posting #: 240277
Status: Active
Refreshed: 2/16/2019

Contact: Kenneth JY Kim
Phone: 213-446-2615
Phone: None Given

Price: $5,600,000
Adj Net: $639,000
Down: $20% - 25 %

Monthly Cash Flow : $27,449. (For 24% down, $1,400,000.) Monthly Operating Net Profit : $56,379 monthly.
Available: Laundromat - Lynwood, Los Angeles County
Posting #: 250221
Status: Active
Refreshed: 2/8/2019

Contact: Deborah Byon
Phone: 213-435-6577
Phone: None Given

Price: $250,000
Adj Net: $50,400
Down: None Given

Excellent starter CL opportunity in busy Lynwood strip mall. New lease available. Densely populated in business & residential area. 11 yrs w/same owner and first time on the market. Reasonable price for all types of buyers. Owner selling because of health issues. Must see.
Available: Coin laundry - Los Angeles
Posting #: 231593
Status: Active
Refreshed: 1/20/2019

Contact: Diane Kwon
Phone: 213-999-9500
Phone: None Given

Price: Call/Email
Adj Net: Call/Email
Down: $35~40% SBA Loan

Best coin laundries in the area and has great demographics with very loyal customers. Located in a strip mall on a prime location with ample parking and high traffic. 20 yrs remaining on the current lease. Absentee owner (100% help run). Size 6,200 sq.ft. 90 Washers/ 102 Dryers.
Available: Coin laundry - Los Angeles
Posting #: 233033
Status: Active
Refreshed: 2/8/2019

Contact: Diane Kwon
Phone: 213-999-9500
Phone: None Given

Price: Call
Adj Net: Call
Down: Call

Coin Laundry for sale. Located in a strip mall in a prime location and surrounded by many apartments. Ample parking lot with easy in and out access. Long -term lease for 15yrs. 52 washers/ 54 dryers. All equipment is well- maintained (1 yr, 3 yrs, 5yrs, 7yrs and some are older) in great condition.
Norwalk Coin Laundry For Sale
Available: Coin Laundry - Norwalk
Posting #: 248829
Status: Active
Refreshed: 2/14/2019

Contact: Diane Kwon
Phone: 213-999-9500
Phone: None Given

Price: Call
Adj Net: Call
Down: $35~40% SBA Eligible

2,500 sq ft coin operated laundry in a busy shopping center in norwalk. Lots of regular customers due to its excellent location. Great visibility with ample parking and easy in/out access. Well-designed interior and decorations. Monthly rent $5,230 includes NNN.
Available: Coin Laundromat - Hawthorne, LA County
Posting #: 233626
Status: Active
Refreshed: 1/21/2019

Contact: William Dang
Phone: 626-318-8891
Phone: None Given

Price: $160,000
Adj Net: Call/Email
Down: Call/Email

Huge Price REDUCTION! Great store for someone whom wants to learn and understand the business or even for experienced ownership. Surrounded by apartments on a major street front. Well mixed of equipment to accommodate the different sizes of washes and drying capacity.
Van Nuys, Valley Area, LA Area Laundromat- Well Maintained, High Volume, Absentee For SaleLaundromat- Well Maintained, High Volume, Absentee Business For Sale
Available: Laundromat- Well Maintained, High Volume, Absentee - Van Nuys, Valley Area, LA Area
Posting #: 187188
Status: Active
Refreshed: 2/13/2019

Contact: Chad (Owner/Seller)
Phone: 818-822-6272
Phone: None Given

Price: $1,127,000
Adj Net: $195,000
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Absentee run. Five stars - Very Clean and well maintained Laundromat for sale in the Valley area. High volume store. Well Established. Store was newly remolded and had new washers with card system installed. For sale by owner. No brokers! For sale by OWNER.
Available: Coin Laundromat Store - Los Angeles
Posting #: 248673
Status: Active
Refreshed: 2/11/2019

Contact: Cindy W.
Phone: 800-307-1234
Phone: 323-721-8832

Price: $625,000
Adj Net: Call
Down: Call

Bright and spacious 3,400 sq ft laundromat with all Speed Queen equipment. Spacious parking available in both the front and in the back, with access to the laundromat from both sides. The high volume of renters in the area create an opportunity for a high flow of customer.
Available: Laundromat - South Gate busy major street
Posting #: 240254
Status: Active
Refreshed: 1/28/2019

Contact: Joshua Choy
Phone: 323-633-1558
Phone: None Given

Price: $549,000
Adj Net: $130,000
Down: Call

High net income and best brand washer and dryer in excellent working condition. Absentee run and easy operation. All equipment is 5 years old or newer. 3,500 sf good size. High net income and huge upside potential to hand-on buyer. Upside potential.
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  Helpful Resources To Assist In Selling And Buying California Businesses

Mike Hurrell, Broker: Coin & Card Laundry Specialist Brokerage

Providencia Properties Inc in association with Golden State Laundry Systems is a full service Coin Laundry Real Estate Broker. At GSLS you will receive personalized attention from our professional staff of coin laundry experts. To sell or buy a Southern CA laundromat call Mike at 310-223-2240 X209.

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Chuck Post: Laundry Buyer Representation, Consulting, Due Diligence

Chuck Post has 32 years experience in the laundry industry, specializing in assisting laundry buyers (and entrepreneurs) with buying or starting up, building, re-tooling, laundries throughout California. Laundry buyer representation, consulting, due-diligence, lease negotiations, laundry valuations.

Brad Steinberg, Broker - Laundromat Specialists

PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.

Larry Larsen, Broker, Laundry Specialist - Orange, LA Counties

Larry Larsen, Realtor has over thirty years of experience in the sales, ownership, management, and construction of coin laundries. He is a licensed broker active in the sale of coin laundries, a licensed insurance agent specializing in coin laundry insurance. Phone Larry at 714-630-9274.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

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Selling A Laundromat? Top Tips: Valuation, Pricing, Finding Buyers, Resouces

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FREE Online Webinar: For Buyers - Buying A Card, Coin Laundry: 2/9 & 2/19

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Chuck Post (reach him at 619-227-5711) 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 to serious buyers.

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We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.

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Read why longer leases increase the value of a card or coin laundromat when buying or selling a laundry. Chuck Post (Laundry Broker, Consultant at 619-227-5711) expands on the topic of lease structures on the purchase or selling of a laundromat. Laundry sellers and buyers will want to read this.

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Chuck Post Laundromat Industry Expert
Business Purchase Financing SBA Loans
Golden State Laundry System Laundry Business Brokers
Larry Larsen Laundromat Broker
Golden State Laundry System Brokerage
Larry Larsen Laundromat Broker
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