Coin Laundry For Sale - Los Angeles USC Area

Type of Business: Coin Laundry with 24 Hours. Average Gross Income - month: $43,500 (Washer & Dryer $38,500). Asking Price: $1,100,000. Store 4,000 Sq.Ft. Lease: $4,950 per month, every 5 years till 2036 year plus 5 year option

Monthly Expenses:
Utilities (Gas/Elec+Water+Sewer): $2,800/$10,000
Insurance: $400
Supply: $1,800
Attendant: $5,500
Mechanic & Parts: $600
Trash Removal: $252
Miscellaneous Expenses: $200

Total Operating Expense - month: total approximate $21,552

Actual Net Income month: approximate $17,000
The listing # 241209 Coin Laundry - Los Angeles USC Area 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 USC Area 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 - North Hollywood, LA County
Posting #: 257348
Status: Active
Refreshed: 11/28/2019

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

Price: $488,000
Adj Net: $100,260
Down: Call

This is a beautiful laundry that was completely remodeled in 2013 with all new equipment. It is located in a densely populated area surrounded with lots of apartment complexes. It has a long term lease with reasonable rent!
Available: Card Laundry - Inglewood, Los Angeles County
Posting #: 236230
Status: Active
Refreshed: 11/14/2019

Contact: Ryan West
Phone: 310-200-2313
Phone: None Given

Price: $199,000
Adj Net: Call
Down: $199,000

This is a very clean card operated Coinless Laundry ready for a new owner. Very clean store with tons of parking in front and in back of the laundry. Current owner does not do fluff and fold and this would be a huge chance to take advantage of the many hotels in the area. Seller is very motivated!
Available: Coin Laundry - Hawthorne
Posting #: 239495
Status: Active
Refreshed: 11/26/2019

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

Price: Call
Adj Net: Call
Down: Call

Well-established coin laundry. Free standing building with ample parking with easy in/out access. Coin laundry is located in a highly trafficked area in an excellent location and has great demographics with loyal customers. Size: 2,100 sq.ft. Rent: $3,528. Monthly gross income $11,000.
Paramount, LA County Coin Laundromat For Sale
Available: Coin Laundromat - Paramount, LA County
Posting #: 257492
Status: Active
Refreshed: 11/20/2019

Contact: Mr Woodman
Phone: 818-787-8881
Phone: None Given

Price: $425,000
Adj Net: Call
Down: Call

Strong coin-operated laundromat in the city of Paramount. It features high efficient washers and dryers. The laundromat has good parking and great visibility. This is a must-see store and will sell fast!
Available: Laundromat - Lynwood, Los Angeles County
Posting #: 250221
Status: Active
Refreshed: 11/15/2019

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.
Los Angeles Coin Laundromat  For Sale
Available: Coin Laundromat - Los Angeles
Posting #: 255562
Status: Active
Refreshed: 12/2/2019

Contact: Don Albrecht
Phone: 800-307-1234
Phone: 323-721-8832

Price: $375,000
Adj Net: Call
Down: Call

Amazing opportunity to purchase two outstanding locations for less than the price of one, just a short 7-mile drive. Seller's loss is your gain. Absentee owners unable to operate Newer Speed Queen equipment; Long term lease, next increase in 2023. Dedicated fluff & fold area. Free dry weekdays.
Available: Coin Laundry - Canoga Park, LA County
Posting #: 237456
Status: Active
Refreshed: 11/23/2019

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

Price: Call
Adj Net: $165,000
Down: Call

Excellent location in canoga park. Original semi-absentee owner for the last 10 yrs. Well estb & stays busy w/ locals. Potential for growth. Clean & well kept serving family oriented customers. In a nhbd center that draws a lot of foot and street traffic. Great opportunity for an ambitious buyer!
Santa Monica, LA County Coin Laundry For Sale
Available: Coin Laundry - Santa Monica, LA County
Posting #: 256010
Status: Active
Refreshed: 12/6/2019

Contact: Jason Jung
Phone: 310-905-2821 Direct
Phone: 310-905-2821 Text

Price: $150,000
Adj Net: $60,000
Down: $150,000

Rare opportunity to purchase a profitable coin laundromat in Santa Monica. This price is an absolute bargain. Approximately 2200 sq. ft. located on a non signalized corner next to a main corridor of Santa Monica Blvd. Washers and dryers need some TLC. 10 year lease possible. Call for more details.
Available: Coin Laundry - High Volume - Los Angeles
Posting #: 236060
Status: Active
Refreshed: 11/24/2019

Contact: Dong Gi Bae
Phone: 213-249-2299
Phone: None Given

Price: $2,400,000
Adj Net: $390,000
Down: $700,000

Excellent location with great parking. The monthly sale is $70,000 and the monthly net is $32,500. The SBA loan is possible. The bank balance is required. Lease Terms:3 years plus two times10 years option to renew.
Available: Coin Laundry - Los Angeles
Posting #: 253462
Status: Active
Refreshed: 11/16/2019

Contact: Ken Kang
Phone: 626-215-6702
Phone: None Given

Price: $750,000
Adj Net: $144,000
Down: $210,000

Absentee owner. Ready for p&l statement & income tax. Proof of bank statement is needed to get an address and detailed informations.
  View All Businesses, Opportunities, And Franchises For Sale And Wanted In These Cities:
Canoga Park, Hawthorne, Inglewood, Los Angeles, North Hollywood, Paramount, Santa Monica


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  See More Related Information - For Buying And Selling Businesses:

  Helpful Resources To Assist In Selling And Buying California Businesses

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).

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.

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.

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.

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.

Helen Yoo, New Century Escrow - Escrow Services In Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.


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

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

Looking to buy or start up a card or coin laundromat? PWS Laundry is presenting their schedule of upcoming Seminars for laundry buyers & entrepreneurs. These informative live Seminars will cover an overview of the laundry industry, selecting the right location, an overview of leases, Q&A, plus more.

When Buying A Laundry Why Buyers Should Have An Exit Strategy When Buying

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.

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

Laundrys 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! Peter Siegel, MBA (at BizBen) provides laundry purchase financing - 925-785-3118.

Laundry Expert Reviews: The Laundry Lease And Its Effect On The Valuation

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.

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.

Laundromat Business Valuations: Could Buyers Of Laundries Be Overpaying?

Chuck Post (laundry buyer rep, consultant, due-diligence expert) discusses the factors of appraising laundries. Why such high purchase prices is baffling - many times the value is so misunderstood that it results in laundry buyers over-paying for a laundromat. Reach Chuck direct at 619-227-5711.

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.

Interview: With Chuck Post On How To Buy A Laundry Business Successfully

Chuck Post (and his Associate Chris Mason) a California laundry consultant, due diligence specialist, buyer representative for laundry buyers shares his thoughts with Peter Siegel, MBA on this BizBen Podcast & Webinar. Chuck and Chris cover all related topics on buying a California laundromat.

See All News, Tips And Events


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


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