Share This Posting from BizBen.com
Share this listing with a friend, colleague, or interested buyer!
Whittier, Los Angeles County, California
COIN LAUNDRY, GREAT LOCATION, LOYAL CUSTOMERS, NO CARD SYSTEM ALL CASH, BUILT 2008
Asking Price
$795,000
Revenue
$364,000
Down
$795,000
Cash Flow
$202,000
Description
Seller is motivated to sell. The sale is CONFIDENTIAL, so please do not disturb the employees typically working mornings and evenings.
5748WP
Business Details
Year Established:
2008
Employees:
0
FE&E:
$500,000
Reason for sale:
Retiring
Support & Training:
TBD
Property Information
Size in Square Feet:
3,100 sqft
Lease Terms:
2028 with 5 Years Option
Premises Details:
Strip Center Easy to Access, Ample Parking, Located Across the Street from Sheriff Station
Lease & Tenant Information
Lease Options:
$5,422
Posting Information
Posting ID:
7678206
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Attributes:
Absentee Run
Training And Support
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
COIN LAUNDRY, GREAT LOCATION, LOYAL CUSTOMERS, NO CARD SYSTEM ALL CASH, BUILT 2008
Posting ID
#7678206
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
Recommended Businesses
Whittier, California
Rare Laundromat with Low Rent and Good Income
Call/Email
CF : $ 104,000
Low rent, card system store. Rare laundromat in the city of Whittier. Ample parking for a 2,500 sqft store. This is a great opportunity, especially for 1st time buyers. Store income has a consistent fluff and fold clientele in place. Must see. No SBA, No broker co-op. Principal only. NDA required and proof of funds.
Los Angeles County, California
Well-Established Coin Laundromat – Excellent Corner Location & Long-Term Lease
$ 299,000
Well-Established Coin Laundromat – Excellent Corner Location & Long-Term Lease Well-maintained coin laundromat located in a busy strip center on a prominent corner at a major intersection. The business offers excellent visibility, easy ingress and egress, and ample customer parking. Surrounded by a densely populated residential area with strong demographics for a laundromat, this location provides an excellent foundation for continued operation. The equipment is well maintained, reflecting pride of ownership throughout the business. The spacious, open floor plan provides customers with a comfortable laundry experience, with plenty of folding space and laundry carts for added convenience. Business & Lease Highlights: Approximately 2,250 sq. ft. Monthly rent: $7,500 Lease term through 2035 Desirable corner location in a strip center Major intersection with excellent visibility Ample customer parking Easy ingress and egress Spacious, well-maintained interior Long-term lease Equipment Includes: 10 Speed Queen 20 lb. Front-Load Washers 11 Speed Queen 30 lb. Front-Load Washers 9 Speed Queen 40 lb. Front-Load Washers 4 Speed Queen 60 lb. Front-Load Washers 2 Speed Queen 80 lb. Front-Load Washers 16 Speed Queen 30 lb. Double-Stack Dryers 1 Speed Queen 45 lb. Double-Stack Dryer 1 Water Purification Plant 1 Flat-Screen TV 7 R&B Wire Laundry Carts This is an excellent opportunity to acquire a well-equipped laundromat with a long-term lease in a highly visible, densely populated location. Contact the listing broker today for additional information and to arrange a showing. OFFICE ID 5747 JR
San Fernando, California
Profitable Coin laundry
$ 4,400,000
The store has been operating successfully for approximately **5 years and 10 months** and has built a strong and stable customer base. Strong Points : Low water cost, ample parking lots, reasonable lease terms & conditions. ### Facility • Approx. **6,000 SF total space** (4,800 SF for coin laundry + 1,200 SF for extra space ) • Spacious layout with efficient equipment placement ### Equipment Mix (Excellent Size Variety) **Washers (Total 59 Units):** • 20 LB – 15 units • 30 LB – 16 units • 40 LB – 16 units • 60 LB – 8 units • 80 LB – 4 units **Dryers:** • 30 LB Stack Dryers – 28 stacks • 45 LB Stack Dryers – 6 stacks ### Income • Washer Income: Approx. **$114,000 / Month Average • Vending Income: Approx. **$14,000 / Month Average • Additional Income: Massage Chair, Coffee, ATM, Sub-Income **Total Monthly Gross: Approx. $129,500** ### Monthly Operating Expenses (Approx.) • Rent: $11,000 • Gas: $7,800 • Sewer/Water: $6,000 ( Very low water cost area ) • Electric: $3,600 • Insurance: $2,000 • CAM: $1,490 • Vending Costs: $7,000 • Payroll (Attendant/Janitor): $12,000 • Parts & Maintenance: $1,000 • Miscellaneous & Other: Remaining balance **Total Operating Expenses: Approx. $54,218 / Month** ### Net Income Estimated Monthly Net Income: **~$74,000 appx. Strong cash flow relative to asking price. Excellent return for owner-operator or experienced investor. --- ### Additional Highlights ✔ Modern store (under 6 years old) ✔ Multiple income streams (vending, coffee, ATM, massage chair) ✔ High-density residential area ✔ Accurate sales history ( Can be confirmed by records ) This is a rare opportunity to acquire a high-volume laundromat with proven performance. Serious inquiries only. Proof of funds required prior to detailed financial disclosure. ( 30 to 40 % Down for the loan )
Lomita, California
Good for Flip Laundry in Carson/Lomita
$ 85,000
CF : $ 30,000
The seller has reduced the listing price to $85,000, which is a $14,000 discount from the original $99,000 asking price for quick sale. Presenting a good opportunity to flip an established coin laundry business located in the bustling areas of Carson and Lomita, within Los Angeles County, California. This 2,300 sqft laundromat is located in a high-traffic strip center in the neighbor, surrounded by a diverse range of businesses including franchise chicken El Pollo Loco, franchise sandwich Subway, Hamburger, variety of ethnic foods, Barber, Smoke shop, Bakery and many businesses. The business has been under the same ownership for over a decade, earning a reputation for its clean facilities and top-quality, newer model washers and dryers from best brands. This laundry business's high upside potential is further enhanced by competition closing and no competition in the vicinity. The transaction will be an "Asset Sale", which includes both tangible assets like all equipment, machinery, and furniture, as well as intangible assets like customer lists, store name, and goodwill. The current owner is seeking a cash buyer with a high credit score to meet the landlord's qualifications. The asking price is $99,000, and the seller is ready to hand over the reins due to retirement. This is a good opportunity for first-time buyers or investors looking for potential for growth. Please note that inquiries will only be entertained from cash buyers who can provide proof of financials. Contact the broker for more details.
Los Angeles, California
Good location , Retire , Potential
$ 490,000
CF : $ 120,000
This well-established coin laundry business, situated in a promising location in Los Angeles, California, is now on the market. After approximately 15 years of successful operation, the current owner, is looking forward to retirement. The business, which operates daily from 6:00 AM to 9:30 PM, boasts an average monthly sale just shy of $40,000. The business is currently managed by an older couple and three part-time employees. The total employee payroll per month is roughly $4,000, contributing to a net income after expenses of approximately $10,000 per month. The employee setup is such that they handle both opening and closing, making the business relatively straightforward to manage. For an experienced operator who is prepared to put in hard work, there is a significant potential for increased sales and profitability. This coin laundry business has a rich operational history and offers a solid opportunity for growth. If you're interested in the potential of this coin laundry business, please contact Steve Kim at +12138805688 or stevekim223@yahoo.com for more details.
Los Angeles, California
Coin Laundry for Sale – Paramount / Bellflower Area
$ 235,000
Approximately 1,500 SF coin laundry for sale. Current monthly gross sales are approximately $8,000–$10,000, and the monthly rent is approximately $3,470, including CAM/NNN. The current owner works approximately 7–8 hours per week, and there is 1 part-time employee. The laundromat currently operates with 25 washers and 30 dryers. The sale includes an ATM, vending machine, security camera system, PayRange system, folding tables, laundry carts, and other standard laundromat fixtures and equipment. The current lease runs through December 2027, with extension options available. The current owner has decided to sell the business in order to reinvest in another business opportunity. Cash Buyer Only
Los Angeles, California
Established Laundromat Business with Real Estate for Sale
$ 3,500,000
CF : $ 422,000
This listing presents an opportunity to acquire an established Laundromat business, inclusive of commercial real estate, situated in Los Angeles, California. The business is categorized under the service sector and predominantly operates as a Coin Laundry. Conveniently located in Los Angeles county, this business has been serving the local community by the first owner since it was built. Kindly contact Young Park for more information about this promising opportunity. The reachable email is 1227ypark@gmail.com. Don't miss out on this potential investment in the bustling city of Los Angeles.
Los Angeles County, California
Turnkey Coin Laundry for Sale in South Gate – Exceptional Low Rent!
$ 220,000
CF : $ 72,000
Presenting an exceptional opportunity to acquire a turnkey coin laundry business in South Gate, California. This well-established business is situated in a high-traffic, densely populated neighborhood, ensuring steady foot traffic. The business operates in a 1,000 sq. ft. space, which has been meticulously maintained. One of the remarkable highlights of this business is its incredibly low rent. At just $3,000 per month, this significantly reduces your fixed overhead risk, enhancing the potential for a strong return on your investment (ROI). This coin laundry business is not just an investment opportunity, it's a cash cow, generating an estimated gross$ 183900 annually. This strong cash flow ensures a steady source of income, making it a solid investment opportunity. The business is located in a prime demographic area that is ideally suited for laundromat businesses. The consistent foot traffic and daily usage from a solid customer base further add to its profitability. This is an excellent opportunity for an active owner-operator looking for a straightforward, easily manageable business with minimal expenses. For more details or to arrange a tour, contact the broker today. A Non-Disclosure Agreement (NDA) will be required.
Recommended Brokers
ProInter
Jack Oh
Power Realty & Investments
Business broker and real estate services in the Los Angeles and Orange County areas. 10 years experience with great negotiating skills. To sell a business or buy a business in the LA or Orange County Areas phone Jack and his team at 562-787-4989 Cell / Text.
Southern California
ProInter
Joanne Weber
Ryan Craig Company - Preschool Specialist
The Ryan Craig Company is in its 46th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself. Recent sales include facilities in 6 Southern California counties, ranging in price from 100,000 to over 5,000,000. Now, in response to a strong...
Southern California
ProInter
George Lanza
Plethora Businesses
Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses. Although the listing core of Plethora is in Southern California, Plethora represents clients throughout the world seeking Business and Merger & Acquisition...
Southern California
ProInter
Ryan Clark
The Veld Group
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups, as our team is comprised of former Small Business Owners, M&A Specialists, Investment Bankers, and Consultants.
Southern California
ProInter
Ran Kim
VR Business Brokers
Since 1982, we have been helping buyers and sellers of small businesses achieve their goals. With over 25 experienced associates who speak more than a dozen languages, we are proud to serve California’s diverse business community. Our office is centrally located at the crossroads of Los Angeles and Orange Counties, with convenient access to Riverside and San Bernardino Counties as well. We are...
Southern California
ProInter
Rick Carlson
ProNova Partners
You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. The Ace Organization Makes Sure That All Buyers And Sellers Feel Like They Are Part Of The Ace Family And Truly Taken Care Of Throughout The Acquisition...
Nationwide, USA
ProInter
Matt Manavi
Transworld Business Advisors of Orange
Transworld Business Advisors is a world leader in the marketing and sale of businesses, franchises, and commercial real estate. Transworld offers professional services that brings buyers and sellers together whether you represent an acquisition minded corporation or are personally interested in owning your own company. Services Offered Sell and Buy any business type; Corporate M&A;...
California
ProInter
Lee Petsas
UBI Business Brokers
Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations. You can reach Lee direct at 714-363-0440. UBI Business Brokers has been successfully selling businesses in Southern California since 1965. Our Agents...
Southern California
ProInter
Julieanna Wakileh
Liberty Business Advisors of San Francisco Inc. - Preschool Center Specialist
I have 30 years of experience, working, founding, owning, operating, consulting, and selling preschools. I'm very knowledgeable with procedures that are required for selling preschools. My practice, knowledge and education in both the Early Childhood Development field and the Real Estate field, puts me ahead in understanding the complexities and care that are needed for the sale of preschool...
SF Bay Area, North Bay, Sacramento
ProInter
Bashir Tariq
Century 21 Masters | Commercial Division
Business Sales and Commercial Real Estate All types of Business Sales, Purchases and Commercial Properties • Car Washes, Gas Stations, • Automotive Service Centers & Car Lots • Fast Food, Restaurants and Franchises • Liquor Stores & Convenience Markets • All types of Business Sales • Service-Tech Based Businesses • Retail Shopping Centers, Investment Properties • Multi-Family Properties &...
Califonia, Nevada
ProInter
Harry Sidhu
Mission Peak Brokers, Inc.
Harry Sidhu is a dream maker. By making his own dreams come true as one of the most successful business and commercial real estate brokers in the Bay Area, Harry understands how important it is to have a dream, work hard to see it come true. Harry named his brokerage Mission Peak to honor the incredible beauty of this Bay Area treasure but to also symbolize the deep fulfillment of pursuing your...
SF North Bay Area, SAC Area, Central Valley
ProInter
Matt Weiler
California Business Broker
Business Broker Specializing in primarily gas stations. Geographic area of focus: San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.To sell or buy a small or large gas station sales, car washes, liquor stores, convenience stores, laundromats, dry cleaners, and small-to-mid-sized business transactions. Call Matt (gas station business broker specialist)...
San Francisco Bay Area, North Bay, San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.
ProInter
Dustin Sigall
SD Business Advisors
With over 800 businesses sold nationwide since 2007, SD Business Advisors is the largest and most experienced group of Business Advisors in Southern California. We specialize in selling companies across all industries. From main street to middle-market M&A transactions. We match qualified buyers with quality businesses while maintaining strict confidentiality. SD Business Advisors is a member...
San Diego, Orange County Areas, Inland Empire
ProInter
Steve Zimmerman
Restaurant Realty Company
Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 3000 valuations. He is the author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon and he has written over 100 articles which can be found in the News Section of RRC’s website under Restaurant Rap. Prior to...
California
ProInter
Ryan Rienhart
ProInter
Mani Singh
TNW Business Brokers
Specializing in practice limited to sales and acquisition of businesses solely, I have 20+ years of Buyer and Seller representation and negotiation experience and have successfully assisted clients sell and acquire a multitude of businesses - including Gas Stations, Liquor Stores, Markets, Super Markets, Franchised and Independent Restaurants, Bars, Retail and Service Related, Dry Cleaners,...
California
ProInter
Ralph Santos
Healthcare Biz Brokers
I specialize in Los Angeles County Area healthcare sales such as skilled home health agencies, hospice agencies, residential care facilities for the elderly, medical practices and more. When you are looking at creating a legal and binding business purchase or sale, you need to be extremely careful. There are literally tons of questions that you need to pose to both your agent and to the other...
Los Angeles, Ventura Counties
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sunbelt of Sacramento, California is the exclusive franchisee representative of Sunbelt Business Brokerage for the Northern California territory. Headquartered out of the Sacramento region, Sunbelt of Sacramento covers multiple counties in Northern California, representing both Sellers and Buyers in Main Street as well as Mid-Market business transactions. Sunbelt of Sacramento provides full...
Sacramento, Placer, Yolo El Dorado Counties
View More