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Downey, Los Angeles County, California
Asking Price
$950,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Joshua Choy
Phone: Show phone number
Name
Joshua Choy
Phone
Show phone number
Posting ID:
7779836
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Attributes:
Semi Absentee Run
Training And Support
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I would like to introduce a well-established laundry business with high gross sales and high net income, offered with real estate included. It is a free standing building located in a high-density Hispanic neighborhood with favorable demographics. January 2025 gross sale was $76,000. While the economy slows down it has maintained consistent sales volume. The facility spans approximately 5,000 square feet, featuring a high ceiling and a well-maintained parking lot with easy access. The laundry is very clean and well-organized, making it simple to manage. Currently, the business is 100% absentee-run, with significant upside potential for growth. It is situated in an area with low water costs, further enhancing profitability. In a short distance Starbucks coffee just opened and new franchise grocery market is built. The seller is motivated to sell due to moving to out of state. The business is SBA loan-qualified, requiring approximately 20% to 30% as a down payment. Please note that there is no cooperation with brokers. Buyers must provide financial information or bank statements to inquire further. To get more information about this Laundromat - Well Established, With Real Estate business for sale in South Gate, California please contact Joshua Choy (Broker - BRE License #:01317881) at jc777lu
Wanted
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