Posting Details

Laundromat For Sale - Hollywood, Los Angeles Area

Good for first time buyer or retiree. In the highest density Hispanic neighbor busy traffic area. Major street shopping center with Liquor store, restaurant, dry cleaner with several units. Very bright, clean, well organized and Equipment is best brand with excellent working condition, No need to invest for improvement.
Rent is very low and good terms.
Price is under equipment value.
Semi absentee run & easy run.
The listing # 243558 Laundromat - Hollywood, Los Angeles Area 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 Laundromat in Hollywood, Los Angeles Area please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

  Recent Listings By Related Business Types And Locations (See More Listings)
Los Angeles Coin Laundromat Store For Sale
Available: Coin Laundromat Store - Los Angeles
Posting #: 238365
Status: Active
Refreshed: 9/9/2019

Contact: Charles Kim
Phone: 323-721-8832
Phone: None Given

Price: $460,000
Adj Net: Call
Down: Call

This is a large, 3,200 square foot laundromat. It's located in a high density area with lots of potential.
Available: Coin Laundry - Absentee Run - South Los Angeles
Posting #: 221853
Status: Active
Refreshed: 9/16/2019

Contact: Joseph K. Min
Phone: 213-280-4989 Cell
Phone: None Given

Price: $1,400,000
Adj Net: $267,000
Down: $350,000

Standalone building with own ample parking lot, 24 hours open coin laundry. First time on the market for sale since its total remodeled with new coin laundry business. Sublease tenant pays for additional income to the owner of coin laundry seller.
Available: Coin Laundry - Glendale, Los Angeles County
Posting #: 241679
Status: Active
Refreshed: 9/11/2019

Contact: Tony Ly
Phone: 626-622-1117
Phone: 626-814-4752

Price: $115,000
Adj Net: $24,500
Down: Call

This laundromat is located in a small strip center of major street intersection. This is an excellent affordable starter store. Priced for a quick sale!
Available: Card Laundry - Inglewood, Los Angeles County
Posting #: 236230
Status: Active
Refreshed: 9/3/2019

Contact: Ryan West
Phone: 310-200-2313
Phone: None Given

Price: $199,000
Adj Net: Call
Down: $199,000

This is a very clean card operated Coinless Laundry ready for a new owner. Very clean store with tons of parking in front and in back of the laundry. Current owner does not do fluff and fold and this would be a huge chance to take advantage of the many hotels in the area. Seller is very motivated!
Available: Coin Laundry With Real Estate - South Los Angeles
Posting #: 247607
Status: Active
Refreshed: 9/9/2019

Contact: Deborah Byon
Phone: 213-435-6577
Phone: None Given

Price: $1,890,000
Adj Net: $111,246
Down: Call

Coin Laundry With Real Estate. 11,510 sq.ft. lot. Building 5,800 sq.ft.
Los Angeles Coin Laundry For SaleCoin Laundry Business For Sale
Available: Coin Laundry - Los Angeles
Posting #: 241589
Status: Active
Refreshed: 9/10/2019

Contact: Mr Woodman
Phone: 818-787-8881
Phone: None Given

Price: $100,000
Adj Net: Call
Down: Call

This store was partially remodeled in 2017. Seller has decided to go to grad school and needs to sell the store. Seller has not been able to do any advertising or marketing on this store. This store has a lot of upside potential for someone who wants to take over and do some marketing!
Available: Coin Laundry - Los Angeles
Posting #: 256080
Status: Active
Refreshed: 9/16/2019

Contact: Kenneth JY Kim
Phone: 213-446-2615
Phone: None Given

Price: $5,500,000
Adj Net: $614,400
Down: $25%

Monthly Operating Net Profit: $54,300. Property Tax & Insurance : $3,100. Monthly Net Profit: $51,200. SBA loan: 25% down payment to obtain the SBA loan. 25 years amortization. About prime + 1%.
Available: Coin Laundry - Van Nuys, Los Angeles County
Posting #: 255661
Status: Active
Refreshed: 9/8/2019

Contact: Steve Kim
Phone: 213-880-5688 Cell
Phone: 213-880-5688 Text

Price: $300,000
Adj Net: $72,000
Down: $100,000

Long lease and good rent. Rent: $3,920/month. Store Size: approximately 3,000 sq. ft. New electrical and plumbing. Most of the washers are new and all the dryers are new.
Available: Coin Laundry - Los Angeles County
Posting #: 239915
Status: Active
Refreshed: 9/9/2019

Contact: Joseph K. Min
Phone: 213-280-4989 Cell
Phone: None Given

Price: $2,100,000
Adj Net: $420,000
Down: $750,000

Coin Laundry for sale. About 4 years since a brand new coin laundry established in Los Angeles County. About 5,000 SF. Long term lease. High revenue and income.
Available: Coin Laundry - Korea Town, Los Angeles
Posting #: 243712
Status: Active
Refreshed: 8/20/2019

Contact: Kee Chang Nam
Phone: 714-323-8080
Phone: None Given

Price: $550,000
Adj Net: $130,000
Down: Call

Coin Laundry for sale. 2,850 sq. ft. Monthly rent $7,300. Lease is for 5 years + 5 year option. Monthly gross income $28,000 - $29,000. Net Profit $9,000-$10,000.
  View All Businesses, Opportunities, And Franchises For Sale And Wanted In These Cities:
Glendale, Inglewood, Los Angeles, Van Nuys


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  Helpful Resources To Assist In Selling And Buying California Businesses

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.

Chuck Post: Laundry Buyer Representation, Consulting, Due Diligence - California

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

PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.

Shalonda Chappel-Pilgram: Escrow & Bulk Sale Services - Southern California

Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.

Helen Yoo, New Century Escrow - Escrow Services In Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

When Buying A Laundry Why Buyers Should Have An Exit Strategy When Buying

Chuck Post (reach him at 619-227-5711) a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important to serious buyers.

Selling A Laundromat? Top Tips: Valuation, Pricing, Finding Buyers, Resouces

Laundrys are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners! Peter Siegel, MBA (at BizBen) provides laundry purchase financing - 925-785-3118.

What Critical Factors Contribute To Coin & Card Laundry Business Valuations?

We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.

FREE Online Webinar This Week: For Buyers - How To Buy & Value Laundromats

Chuck Post hosts this live FREE online webinar on How To Buy & Value A California Laundromat. Webinars are scheduled every week! Have your questions ready for an open and honest discussion about both the pros & cons of the laundry business. Phone 619-227-5711 for more information & to RSVP today.

Laundromats: Are They Good Investments For Business Buyers? We Discuss This.

Are laundries good investments for buyers? Chuck Post, (at 619-227-5711 - California laundry consultant, due diligence services, and laundry buyer representation) discusses this topic with other advisors & brokers in this BizBen Discussion about laundry investments and if they are good investments.

Laundromat Business Valuations: Could Buyers Of Laundries Be Overpaying?

Chuck Post (laundry buyer rep, consultant, due-diligence expert) discusses the factors of appraising laundries. Why such high purchase prices is baffling - many times the value is so misunderstood that it results in laundry buyers over-paying for a laundromat. Reach Chuck direct at 619-227-5711.

FREE Live Laundry Seminars For Buyers: See Our Upcoming Schedule Of Seminars

Looking to buy or start up a card or coin laundromat? PWS Laundry is presenting their schedule of upcoming Seminars for laundry buyers & entrepreneurs. These informative live Seminars will cover an overview of the laundry industry, selecting the right location, an overview of leases, Q&A, plus more.

Laundry Expert Reviews: The Laundry Lease And Its Effect On The Valuation

Read why longer leases increase the value of a card or coin laundromat when buying or selling a laundry. Chuck Post (Laundry Broker, Consultant at 619-227-5711) expands on the topic of lease structures on the purchase or selling of a laundromat. Laundry sellers and buyers will want to read this.

See All News, Tips And Events


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Golden State Laundry System Laundry Business Brokers
Chuck Post Laundromat Industry Expert
Larry Larsen Laundromat Broker
Willard Michlin Due Diligence Services
Golden State Laundry System Brokerage
Larry Larsen Laundromat Broker
Willard Michlin Due Diligence Services


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