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For Sale: Coin Laundry With Real Estate - High Net Income - Los Angeles


Current Status: Active     Posting #: 256080     Last Refreshed: 5/14/20    
Contact: Kenneth JY Kim At 213-446-2615  -  Also Email This Contact Below
Price:  $5,000,000     Down:  $25%     Adjusted Net:  $614,400     Revenue:  $1,152,000    
Business Address:  None Given     City:  Los Angeles     Zip:  None Given    
Attributes:  Training & Support, Real Estate Included     Cooperation With Brokers?  No

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  Description About This Posting: Coin Laundry With Real Estate - High Net Income
Monthly Average Gross Sales: $96,000. ($91,000. to $99,000 )

1. Washer & Dryer : $80,000.
2. Vending & Market : $14,500.
3. Others : $1,500.
-. Monthly Expenses: $41,700.
1. Water:$10,200.
2. Gas: $5,500.
3. Electric:$3,100.
4. Attendants: $11,000.
5. Insurance for liability & Workcom: $800.
6. Vending Cost: $7,500. ( 50 %)
7. Vending Lease :$350.
8. Trash:$240.
9. Mechanic & Repair: $1,000.
10. Equipment Tax : $500. ( Unsecured property tax )
11. Business License: $50.
12. Alarm:$40.
13.Nik O Lok:$20.
14.Miscellaneous: $400. ( Phone, TV, Internet)
15. Others :$1,000. (Reserved money- in case)

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 %.

To get more information about this Coin Laundry With Real Estate - High Net Income business for sale in Los Angeles please phone Kenneth JY Kim (Agent) at 213-446-2615 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #256080 on BizBen.com. In addition to phoning Kenneth JY Kim, make sure you email Kenneth JY Kim above to get more info about this Coin Laundry With Real Estate - High Net Income, to ask any questions or request an appointment to see this business for sale. Thank you.

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