Posting Details

Coin Laundry - Regular Clients, Absentee Run For Sale - Downtown Long Beach

Coin Laundry w/ High Potential at an Extremely Low Price in Long Beach. 3800 sq ft coin operated laundry in a busy strip mall in Long Beach. Lots of regular customers due to its excellent location. Great visibility with ample parking and easy in/out access.

This is a great opportunity for a first time buyer to buy a successful coin operated laundry at a low price.
Potential to increase revenue by renovating and replacing equipment.

** The profit margin is better because of the LOW rent and lower sewer charges in this area.
Very high return on investment!

Size: 3800 sq ft
Rent: Approx. $4429 (including NNN)

Average Monthly Gross income is approx: $18,500.
Average Net income is approx: $8,000.

67 washers / 56 dryers

All equipment is 9yrs old, 10yrs old and some are older.

Reason for selling: The seller purchased the business about 9 yrs ago and he is selling to relocate.

Very low price! Very motivated seller.

Eligible for SBA loans.

Do not miss this opportunity!
The listing # 252710 Coin Laundry - Regular Clients, Absentee Run - Downtown Long Beach 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 - Regular Clients, Absentee Run in Downtown Long Beach please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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Chuck Post has 32 years experience in the laundry industry, specializing in assisting laundry buyers (and entrepreneurs) with buying or starting up, building, re-tooling, laundries throughout California. Laundry buyer representation, consulting, due-diligence, lease negotiations, laundry valuations.

Brad Steinberg, Broker - Laundromat Specialists

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Mike Hurrell, Broker: Coin & Card Laundry Specialist Brokerage

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.

Larry Larsen: Laundry Consulting, Brokerage, Insurance - Southern California

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.

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.

Peter Siegel, MBA, BizBen Founder, Lead Facilitator - ProBuy, ProSell

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Larry Larsen Laundromat Broker
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Chuck Post Laundromat Industry Expert
Larry Larsen Laundromat Broker
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