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Paramount, Los Angeles County, California
Laundry large size,high income/free standing building
Asking Price
$949,000
Revenue
$43,000
Down
$400,000
Cash Flow
$16,000
Description
Importantly, the area boasts of low water cost and sewer costs, which contributes to the business's profitability. The high-density population in the vicinity, coupled with numerous multi-unit rental properties, draws a significant number of walk-in customers from nearby apartments and homes.
Currently, the business is semi-absentee run, with an upward trend in gross revenue and a high net income. Notably, the premises are well-suited for 24-hour operation or extended business hours, offering significant potential for increased income for a hands-on operator. Training and support are available to facilitate a smooth transition for the new owner.
The seller is motivated to sell due to an impending out-of-state move. The asking price is $949,000 with a down payment of $400,000. This opportunity presents substantial upside for a motivated buyer willing to make simple upgrades. For more details, please contact broker Joshua Choy at +13236331558 or jc777lucky@gmail.com.
Business Details
Reason for sale:
The seller is moving out of state.
Property Information
Size in Square Feet:
5,000 sqft
Posting Information
Posting ID:
6770692
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Attributes:
Semi Absentee Run
Training And Support
Send NDA Request
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Posting Title
Laundry large size,high income/free standing building
Posting ID
#6770692
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NDA Signed Successfully!
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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