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East Los Angeles, Los Angeles County, California
Asking Price
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Revenue
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Down
20%+ SBA
Cash Flow
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Name: Diane Kwon
Phone: Show phone number
Name
Diane Kwon
Phone
Show phone number
Posting ID:
261493
Attributes:
Absentee Run
Financial Assistance
Real Estate Included
Semi Absentee Run
Training And Support
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This is a well-established, 4,300 sq. ft. coin laundry with a high, stable income located in Los Angeles. Location, location, location! This freestanding building is in a prime location with great visibility and ample parking, offering easy access in and out. The coin laundry is situated in a populated area within a great neighborhood and enjoys a steady stream of regular customers. It is considered one of the best coin-operated laundromats in the area. Always busy, this laundromat is a must-see! Size: Approximately 4,300 sq. ft. Average Monthly Gross Income: Over $57,000 Average Monthly Net Income: Over $13,000 The facility is equipped with 48 washers and 58 dryers, all of which are top-notch. The equipment is well-maintained, ranging from 1 to 11 years old, with newly installed boiler systems. The owner has kept the equipment in immaculate, like-new condition. Reason for Selling: The owner is looking to retire and is motivated to sell. This successful coin laundry is ready for a new owner. Don’t miss out on this opportunity! Note: This business is not eligible for SBA loans. For more information or to receive an NDA, please email or call me.
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Well-established Coin Laundry w/ stable income in LA Koreatown! Great location, location, location! Excellent prime location in a small strip mall on a major street in the heart of Koreatown. Ample parking with easy in and out access. This laundry is always busy with lots of regular customers. Must see! Long term lease with great terms and conditions. Size: 2800 sq ft. Average Monthly Gross income is approx. $35,000. Average Monthly Net income is approx. $12,500. 63 Washers/ 52 Dryers Some equipment is 2yrs and 5yrs old. In great condition and well-maintained. Owner kept all the equipment in immaculate condition like NEW! Reason for selling: The owner wants to sell in order to focus on his NEW business in Orange County and to avoid the long distance commute. Owner is VERY motivated to sell. Do not miss this opportunity!! Eligible for SBA Loans. Please email or call Diane for NDA and more information.
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Well-established Coin laundry in Van Nuys. Location, location, location! Prime location in a small strip mall on a major street in Van Nuys. This laundry is always busy with lots of regular customers. Must see! This coin laundry has great demographics and is in a good neighborhood. This is a great opportunity for first-time buyers to buy a successful coin laundry at a good price. In addition, it has a high potential to increase revenue by improving customer service. Size: approx. 2500 Sqft. The average monthly gross income is over $ 29,500. The average monthly net income is over $ 9,500. 37 Washers/ 40 Dryers All machines are in great working condition. Some washers are new. Most of them are between 2 and 20 years old but well-maintained, and all the dryers are only 3 years old. Reason for selling: The owner passed away and the family wants to sell. Very motivated seller and priced to sell! This successful coin laundry is waiting for a new owner. Do not miss this opportunity! Not eligible for SBA Loans. Please email or call Diane Kwon for NDA and more information.
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Well-established laundromat in long beach at a low price! Big big potential!! There's a new project with many buildings for low-income apartments across the street. Located in a strip mall with a high traffic count in a prime location. Great visibility with ample front parking with easy in/out. Lots of regular customers due to its excellent location. Very high return on investment! ** the profit margin is better because of the low rent and lower water bills. Business is kept clean and machines are well maintained. Must see! This is a great opportunity for a first-time buyer to buy a successful coin-operated laundry at a low price. Size: 4,000 sq. ft. Rent: $5200 (including nnn). The average monthly gross income is appx. $22,000. The average monthly net income is appx. $6500. 54 washers/ 22 dryers All equipment is well-maintained (7yrs and 15yrs old). The owner has a maintenance technician who kept it in immaculate condition and you will keep him. Reason for selling: the owner has a serious health issue and can not manage the business properly. The owner is very motivated to sell. This successful coin laundry is waiting for a new owner. Now it's time to take advantage of this opportunity!! Eligible for SBA loans.
Los Angeles, California
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A well-established coin laundry is available at a low price in LA. This coin laundry boasts a prime location in a large strip mall with ample parking, situated near Koreatown. It enjoys great demographics and maintains a loyal customer base in a desirable neighborhood, surrounded by houses and apartments. This presents an excellent opportunity for first-time buyers to acquire a successful coin laundry at a low price, with considerable potential for revenue growth through enhanced customer service. Spanning approximately 1600 square feet, the laundry generates an average monthly gross income exceeding $20,000, with a net income surpassing $8,000. Equipped with 34 washers and 34 dryers, all machines are old yet meticulously maintained and fully operational. The owner's decision to sell is driven by relocation, rendering them highly motivated to close the deal swiftly. Interested parties are encouraged to contact Diane Kwon for a Non-Disclosure Agreement (NDA) and further details, as this lucrative opportunity is not eligible for SBA loans.
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