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 - Los Angeles
Posting #: 257532
Status: Active
Refreshed: 1/10/2020

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

Price: $125,000
Adj Net: Call / Email
Down: Call / Email

Coin Laundry for sale in the heart of the city. Close to high density apartments near Korea Town. This laundry is in a fantastic location with awesome parking. This store needs a new owner to come in and take the business to the next level. Good store for first time investor.
Available: Coin Laundromat - Absentee Run - Los Angeles
Posting #: 255125
Status: Active
Refreshed: 1/7/2020

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

Price: $360,000
Adj Net: $83,952
Down: Call

Prime LA Location! Well and Efficient laundromat situated on a busy street near Thai Town of Los Angeles. Strong demographic that produces high level of customers. Excellent investment opportunity for part-time or absentee ownership. Must see location to understand the investment potential.
Available: High Volume Coin Laundry - Los Angeles
Posting #: 227104
Status: Active
Refreshed: 1/24/2020

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

Price: Call
Adj Net: $480,000
Down: $35% Down

Big Cash Maker CL for sale! All equipment in good condition and no extra investment needed for upgrades. Great appearance and has well trained, loyal staff of attendants in place. Steady regular and new customers arriving constantly. Big net income and rare opportunity for serious buyer. Must See!
North Hollywood, LA County Coin Laundromat For Sale
Available: Coin Laundromat - North Hollywood, LA County
Posting #: 255571
Status: Active
Refreshed: 1/7/2020

Contact: Charles Kim
Phone: 800-307-1234
Phone: 323-721-8832

Price: $140,000
Adj Net: Call
Down: Call

The laundry sits in a large strip center with great traffic. There is a huge potential for increased revenue.
Altadena, Los Angeles County Coin Laundromat For Sale
Available: Coin Laundromat - Altadena, Los Angeles County
Posting #: 255566
Status: Active
Refreshed: 1/7/2020

Contact: Yumi Ryoo
Phone: 800-307-1234
Phone: 323-721-8832

Price: $259,000
Adj Net: Call
Down: Call

Much desired Altadena location with a long term customer base. Ample parking and great visibility. The landlord will give a new 10-year lease to a qualified tenant with the expiration of the existing term.
Los Angeles Coin Laundry For Sale
Available: Coin Laundry - Los Angeles
Posting #: 257444
Status: Active
Refreshed: 1/1/2020

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

Price: $720,000
Adj Net: Call
Down: $250,000+

Attractive coin laundry with good parking in los angeles. Size of the store is 4,800 sq. Ft. With long terms of lease, such as 7+5+5. 2. Gross sales is $35,000 per month. Very well organized store with potential. Please do not miss this good opportunity. No co-brokerage at this time please.
Available: Coin Laundry With Property - Pomona
Posting #: 245754
Status: Active
Refreshed: 1/4/2020

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

Price: $3,300,000
Adj Net: Call
Down: $20 %

New coin laundry including large property for sale. 4.300 sq.ft. + property 9,400 sq.ft. Lot 26,000 sq.ft. Monthly rental income $5,990. Has 39 parking spaces. Asking price $3,300,000. which can be allocated at $1,150,000. for coin laundry and at $2,150,000. for the property.
Available: Coin Laundry - Los Angeles
Posting #: 246479
Status: Active
Refreshed: 1/16/2020

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

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

Excellent location in a small strip mall on a major street. Has good demographics. Located near Koreatown. Surrounded houses and apartments. 4,000 sq.ft. Monthly gross $29,500. Monthly net Income $8,500. 67 Washers/ 56 Dryers. All machines are between 5 to 13 yrs old and well-maintained.
Available: Coin Laundry With Real Estate - Los Angeles
Posting #: 256521
Status: Active
Refreshed: 1/22/2020

Contact: Isabella Ko
Phone: 213-393-0084
Phone: None Given

Price: $2,490,000
Adj Net: Call
Down: Call

Free Standing Coin Laundry. 4000 sq ft. Good location with foot traffic. Newer machines (Wascomat, Electrolux). Business sold with property at the asking price of $2,490,000.
Los Angeles Coin Laundromat  For Sale
Available: Coin Laundromat - Los Angeles
Posting #: 255562
Status: Active
Refreshed: 1/7/2020

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.
  View All Businesses, Opportunities, And Franchises For Sale And Wanted In These Cities:
Altadena, Los Angeles, North Hollywood, Pomona


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  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 in Southern 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.

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.

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.

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

Laundry Broker Explains Laundry Leases: 4 Big Issues For Buyers And Sellers

Chuck Post (Laundry Buyer Rep, Consultant, Due Diligence) discusses what laundry buyers and sellers should consider when reviewing and considering a laundromat lease. A must read for potential laundry buyers and owner/sellers of card and coin operated laundromats. Reach Chuck at 619-227-5711.

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.

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.

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.

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.

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.

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.

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.

See All News, Tips And Events


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Escrow Services From Helen Yoo New Century Escrow
Golden State Laundry System Brokerage
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Larry Larsen Laundromat Broker


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