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2 results for "Coin Laundry, Laundromat" businesses in "Oakland, California"
Oakland, California
Coin Laundry, Laundromat
2 results for "Coin Laundry, Laundromat" businesses in "Oakland, California"
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Oakland, California
Coin Laundry with Wash & Fold Service for Sale in Oakland
$ 199,900
CF : $ 39,792
Long-Established Coin Laundry with Wash & Fold Service for Sale – Oakland
Well-established coin laundry with an additional Wash & Fold service in Oakland. The business occupies approximately 2,000 sq. ft. with 10 parking spaces. A new lease may be negotiated with the landlord.
Estimated Monthly Financials
Gross Revenue (Coin-Op and Wash Fold) : $14,306
Cash Flow: $3,316
Rent: $2,350/month
Business Hours: 7 Days a Week, 7:00 AM – 7:00 PM
Equipment
15 Maytag Top-Load Washers – $3.00
15 Wascomat Super Junior W105 Double-Load Washers – $4.00
6 Wascomat Senior W125 Triple-Load Washers – $5.50
Oakland, California
Coin Laundry as Absentee Owner's Operation For Sale in Oakland
$ 449,000
CF : $ 83,447
Simple Coin Laundry as Absentee Owner's Run in Oakland. Estimated Gross: $499,113/y & Estimated Cash Flow: $83,447/y. Rent (Base): $10,500/m & CAM: $2,000/m for 2,904 sf. New Lease: Negotiable. Open 7 days from 7am to 9pm (Last wash @7:30pm). Fully Attended. The Current Owner's Possession in 20+ years. Reason to Sell: Retirement. The Building is also for sale. Please ask Agent for more detail.
(Equipment)
15. Wascomat - Junior W620 ($3.50)
13. Wascomat - Senior W630 ($4.75)
06. Wascomat - Super Senior W640 ($6.25)
05. Wascomat - Giant W655 ($8.50)
04. Wascomat - Super Giant W675 ($9.50)
20.
Explore Profitable Laundromat Opportunities Across California
Looking to buy or sell a coin laundry or laundromat business in California? With millions of residents living in apartments and rental units, laundromats remain one of the state's most dependable and profitable small business types. From Los Angeles and the Bay Area to San Diego and the Central Valley, opportunities exist across nearly every metro region.
Market Snapshot
Number of Businesses - 2 listings
Median Asking Price - $324,450
Median Revenue - $335,393
Median Cash Flow - $61,620
Listings include both modern and classic laundromats
Listings include both modern and classic laundromats, absentee-run and owner-operated, card system and coin-op facilities, in prime neighborhoods and suburban retail centers. Market data on this page shows high demand: laundromats sell for a wide range of price points depending on size, condition, and lease terms, attracting owner-operators and investors.
Top Metro Areas to Buy a Laundromat
Los Angeles & Orange County: Dense rental housing and strong year-round usage
San Francisco Bay Area: High income per household and limited space for in-unit laundry
Sacramento & Central Valley: Affordable leases and expanding suburban populations
San Diego: Tourist traffic and student demand sustain steady wash volumes
Whether you're a first-time buyer seeking reliable income or an investor adding another location, laundromats deliver consistent ROI when properly maintained and marketed.
Selling Your California Coin Laundry
Considering selling your laundry business? BizBen connects sellers with qualified buyers and experienced laundry brokers statewide who understand valuations, leases, and utility cost analysis.
How much does a laundromat sell for in California?
Laundromats sell at prices ranging from $199,900 to $449,000, depending on finances, size, and sales.
Are laundromats profitable?
Yes. Well-located stores often achieve 13.9% net margin, even in slower markets.
Can I finance a laundromat purchase?
Buyers frequently use SBA 7(a) loans or partial seller financing with 20–30% down.
Which California cities have the most coin laundry listings?
Most active listings are concentrated in Los Angeles, San Diego, San Francisco, San Jose, and Sacramento, with additional opportunities across Orange County and the Central Valley.
What are the biggest running costs of a California laundromat?
Water, sewer and gas are usually the largest line on the P&L, and California rates vary widely between water districts — the same machine count can cost very different amounts in Los Angeles than in the Central Valley. Rent is the other one that decides the deal: ask for the remaining term and every option to renew, because a store with only a few years left is worth far less than the equipment suggests.
Can a laundromat be run absentee?
Many are, and semi-absentee ownership is one of the reasons buyers look at this category. An attended store still needs someone on site for change, cleaning and customer problems, so budget for that payroll before you compare it with an owner-operated store's cash flow. Card systems and remote monitoring make lighter-touch ownership more workable than it used to be.
Is it worth converting a coin store to a card system?
Card systems remove cash handling, make pricing easier to change, and give you machine-level data you can actually show a future buyer. Against that, conversion is a real capital cost across every machine and some long-standing customers prefer coins. If the machines are near the end of their life anyway, converting during a planned replacement is usually cheaper than doing it as a separate project.
How do I verify a laundromat's revenue before buying?
Coin stores are cash businesses, so tax returns alone are rarely enough. The standard cross-check is utility usage: water and gas consumption scale with the number of turns, so pull several years of bills from the utility directly and see whether they support the volume the seller reports. Ask for collection records, machine counts and ages, and sit in the store at different times of day.
Whether buying, investing, or selling, California's coin laundry market remains active, competitive, and driven by consistent residential demand.