Coin Laundry With Real Estate For Sale - Los Angeles County

1. Monthly gross : $79,800. ( $76,000. In summer, $83,000. In winter )
it comes by dividing 12 months exactly for gross of 2017.
-washers : $64,923.
- Vending : $5,423.
- Market : $7,124.
- Others : $2,327. ( water, candy, massage, atm, ice cream, coffee)

2. Monthly expense : $29,910.
- Gas : $4,800.
- Water : $3,900. ( very low water cost, about 50 % of la city )
- Electric : $2,700.
- Trash :$350.
- Insurance : $700.
- Equipment tax : $500.
- Vending cost : $6,300. ( 50 % of sales )
- Mechanic & parts : $1,000.
- Attendant ; $8,000.
- Alarm : $60.
- Biz tax : $100.
- Reserved expense in case : $1,500. ( including miscellaneous )

3. Monthly operating net profit : $49,890.

4. Maintenance fee on property : $3,000. For property tax & insurance.

5. Monthly net profit : $46,890.

6. Sba possible with 25 % down, for the loan amount of $3,300,000.
- Interest rate : prime + 1 %
- 25 years amortization.
- Expected loan payment : $20,460. For loan amount of $3,300,000.

7. Cash flow after paying loan payment : $26,430.

8. I will disclose any laundry under construction in whole Los Angeles.

9. It's exclusive listing.
The listing # 240465 Coin Laundry With Real Estate - Los Angeles County 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 With Real Estate in Los Angeles County 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: Laundromat - Card System, Absentee Run - South Bay, LA County Area
Posting #: 239848
Status: Active
Refreshed: 11/7/2019

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

Price: $589,000
Adj Net: $114,000
Down: Call

Located in South Bay busy street corner shopping center with many retail stores. Well established coin laundry with easy Card System. Very clean and well organized laundromat and 100% employee run system. Huge upside potential to hand-on buyer or family. Huge upside potential to hand-on buyer.
Available: Coin Laundry - Absentee Run - South El Monte
Posting #: 259110
Status: Active
Refreshed: 12/4/2019

Contact: Steve Kim
Phone: 213-880-5688 Cell
Phone: 213-880-5688 Text

Price: $445,000
Adj Net: $100,000
Down: $160,000

Good books & Records, Absentee Run. Great lease terms & Good rent $4720 plus NNN. Seller is retiing.
Los Angeles Coin Laundromat For Sale
Available: Coin Laundromat - Los Angeles
Posting #: 226576
Status: Active
Refreshed: 12/2/2019

Contact: Mike Augusta
Phone: 323-721-8832
Phone: None Given

Price: $578,000
Adj Net: Call
Down: Call

This is a 3,500 square foot Lucy's in a great location in a high laundry traffic area. This laundromat is a card store that accepts credit cards.
Available: Coin Laundry - Absentee Run - Los Angeles
Posting #: 248148
Status: Active
Refreshed: 11/7/2019

Contact: Ryan Clark
Phone: 310-652-8353
Phone: None Given

Price: $695,000
Adj Net: $183,695
Down: Call

Semi-absentee operated Echo Park Area coin laundry boasts the latest and greatest in modern eco-friendly fully automated machines. Provide convenient drop off wash and fold and dry cleaning service. Onsite parking lot and excellent freeway access. 1,400 sq. ft. Monthly rent $4,155 includes CAM.
Available: Coin Laundry - Canoga Park
Posting #: 256264
Status: Active
Refreshed: 12/4/2019

Contact: Tony Ly
Phone: 626-622-1117
Phone: 626-814-4752

Price: $450,000
Adj Net: $102,000
Down: Call

This laundromat is located in a densely populated rental neighborhood. This coin operated laundry has been completely renovated with new equipment in 2012. It is in an immaculate condition. It has a great existing lease!
Available: Coin Laundry - Los Angeles
Posting #: 212640
Status: Active
Refreshed: 12/5/2019

Contact: Joseph K. Min
Phone: 213-280-4989 Cell
Phone: None Given

Price: $1,485,000
Adj Net: $300,000
Down: $450,000

Exclusive Listing for sale. Good Location in Korea Town, Los Angeles. Established in 2011 45 Washers and 50 Dryers Stand Alone Building Very much competitive business in the area The one of the highest density area in California.
Available: Coin Laundromat - Inglewood
Posting #: 242012
Status: Active
Refreshed: 12/6/2019

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

Price: $155,000
Adj Net: call / email
Down: Call

Coin Laundromat is located in a highly visible corner lot situated on a busy intersection. Easy ingress and egress to the parking lot. Equal mix of washers and dryers to accommodate all types of size loads. Excellent location with Great potential.
Los Angeles Coin Laundry For Sale
Available: Coin Laundry - Los Angeles
Posting #: 252874
Status: Active
Refreshed: 11/29/2019

Contact: Michael Chung
Phone: 213-435-7229
Phone: None Given

Price: Call
Adj Net: Call
Down: call/email

Good Visibility with Plenty of Parking in Front. Very Well Organized, Attractive & Roomy Coin Laundry. Condition of this building was built 1995, real good shape. All of the Washers & Dryers are good working order.Honest Seller will prepare Clean books & Records with dedicated training to buyer.
Available: Coin Laundry - San Pedro, Los Angeles County
Posting #: 244860
Status: Active
Refreshed: 11/11/2019

Contact: Tony Ly
Phone: 626-622-1117
Phone: 626-814-4752

Price: $175,000
Adj Net: $37,400
Down: Call

This established laundry location has plenty of parking and street exposure for easy access. It is located in a densely populated area surrounded by lots of apartment complexes. This is a must see! Highly motivated seller!
Available: Coin Laundry - Absentee Run - Los Angeles Area
Posting #: 220141
Status: Active
Refreshed: 11/11/2019

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

Price: Call/Email
Adj Net: Call/Email
Down: Call/Email

Great Money making coin laundry in LA. Must See. 3,500 sqft. with BEST top-notched equipment that has been well-maintained in great condition. Free-standing building with great visibility in busy location with lots of regular customer. Located in a very densely populated area in a great neighborhood
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Canoga Park, Inglewood, Los Angeles, San Pedro, South El Monte


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  Helpful Resources To Assist In Selling And Buying California Businesses

Mike Hurrell, Broker: Laundry Specialist - Southern California

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.

Larry Larsen: Laundry Consulting, Brokerage, Insurance

I have over forty 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 me at 714-630-9274 or 714-630-Wash.

Peter Siegel, MBA, BizBen Founder, ProBuy, ProSell Programs

Founder & President Of BizBen.com (since 1994) & BizBenNetwork.com. I am the Lead Facilitator for the ProSell & ProBuy Programs on both websites. I consult daily with buyers, sellers, and intermediaries daily about buying and selling businesses. Call 925-785-3118.

Chuck Post: Laundry Buyer Representation, Consulting, Due Diligence

I have 32 years experience in the laundry industry, specializing in assisting laundry buyers with buying or starting up, building, re-tooling, laundries throughout CA. Laundry buyer representation, consulting, due-diligence, lease negotiations, laundry valuations. Call 619-227-5711 (Cell).

Brad Steinberg, Business Broker: Laundromat Specialist

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.

Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA

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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What Critical Factors Contribute To Coin & Card Laundry Business Valuations?

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.

FREE Online Webinar This Week: For Buyers - How To Buy & Value Laundromats

Chuck Post hosts this live FREE online webinar on How To Buy & Value A California Laundromat. Webinars are scheduled every week! Have your questions ready for an open and honest discussion about both the pros & cons of the laundry business. Phone 619-227-5711 for more information & to RSVP today.

Investing In A Laundry Small Business: Two Methods For Buyers Of Laundromats

When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.

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FREE Live Laundry Seminars For Buyers: See Our Upcoming Schedule Of Seminars

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Laundromats: Are They Good Investments For Business Buyers? We Discuss This.

Are laundries good investments for buyers? Chuck Post, (at 619-227-5711 - California laundry consultant, due diligence services, and laundry buyer representation) discusses this topic with other advisors & brokers in this BizBen Discussion about laundry investments and if they are good investments.

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See All News, Tips And Events


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Golden State Laundry System Laundry Business Brokers
Larry Larsen Laundromat Broker
Willard Michlin Due Diligence Services
Chuck Post Laundromat Industry Expert
Larry Larsen Laundromat Broker
Golden State Laundry System Brokerage
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