Posting Details

Coin Laundromat - Well Established For Sale - Santa Cruz County Area

PRICE REDUCED TO $150,000. OWNER SAYS BRING BACK UP OFFERS.

Currently in escrow.

Description: This is an extremely rare opportunity to own a coin operated wash and dry Laundromat within the City limits of Soquel. Laundromats come on the market in this area maybe once every decade maybe. Extremely well established in its location at 2880 Porter St. Soquel, CA., for over 30 years, this facility provides wash and dry services for students, busy professionals, retirees, and everyone else in this highly regarded neighborhood. No nearby competition. Local stores include: Nearby restaurants, a bagel store, sporting goods store, taverns, and a US Post Office! Plenty of free parking available right in front, and to the side. This business is currently absentee run. All machines new in 2005. SDE includes new owner doing the maintenance and janitorial work.

Financing: SBA possible; some seller financing possible for approved buyer
SDE: $67,287 (3-year average) with new owner dong the maintenance
Revenues: $129,781 (2017)
Inventory: Approx. $100 included
Lease: Laundromat holds master lease. Net rent approx. $610 per month + NNN. Approx. 1400 SF.
The listing # 237719 Coin Laundromat - Well Established - Santa Cruz County 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 Laundromat - Well Established in Santa Cruz County Area please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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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.

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Brad Steinberg, Broker - Laundromat Specialists

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Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.

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.

Elizabeth McGovern: Escrow Services - SF Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.


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