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East Los Angeles, Los Angeles County, California
Coin Laundry - With Real Estate
Asking Price
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Revenue
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Down
20%+ SBA
Cash Flow
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Description
The coin laundry is an anchor tenant and there is a market as another tenant in the building.
This is one of the best coin-operated laundromats in the area.
The building is located in a densely populated, high-trafficked area.
Great visibility with ample parking and easy in/out access.
This busy laundry has a stable income and lots of regular customers.
** The profit margin is better because of the LOWER sewer charges in this area and HIGH-efficiency machines.
Very high return on investment!
Bldg Size - appx. 7000 sq. ft.
Lot Size appx. 18,880 sq. ft.
Rental income from property: Tenant (3000 sq. ft.) ; $3,400/month
Coin Laundry Business :
The average monthly gross income is appx. $57,000/mo.
The average monthly net income is appx. $36,000/mo.
Washer 66 / Dryer 94
All machines are 5.5 yrs old and are top of the line.
The owner kept the equipment well-maintained and in immaculate condition like new.
Reason for selling: The owner wants to sell in order to focus on his new business.
Very motivated seller and priced to sell!
This is a great opportunity for the right buyer to own a coin-laundry business along with the property.
Don't miss this opportunity.
Eligible for SBA loans.
Posting Information
Posting ID:
261493
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Keywords:
coin laundry
laundromat
east los angeles
los angeles
absentee
Attributes:
Absentee Run
Financial Assistance
Real Estate Included
Semi Absentee Run
Training And Support
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Posting Title
Coin Laundry - With Real Estate
Posting ID
#261493
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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
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