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For Sale: Coin Laundry Including Real Estate - Los Angeles Area

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Current Status: Active     Posting #: 240277     Last Refreshed: 10/10/20    
Contact: Kenneth JY Kim At 213-446-2615  -  Also Email This Contact Below
Asking Price:  $5,200,000     Down Payment:  $20% - 25 %     Annual SDC:  $639,000     Annual Gross:  $1,160,000    
Attributes:  Training & Support, Real Estate Included, Real Estate Available
View All For Sale & Wanted To Buy Postings & Content From Kenneth JY Kim
1. Monthly Gross Sales: $93,740. ( monthly average )
1) Washer & Dryer : $78,800.
2) Vending & Market : $12,000.
3) Others : $2,940.
2. Monthly Expense : $41,671.
1) Gas : $4,800.
2) Water : $9,200.
3) Electric : $3,200.
4) Trash : $201.
5) Insurance : $500.
6) Equipment Tax : $500. ( Unsecured Property Tax )
7) Vending Cost : $6,000. ( 50 % of sales from vending & market )
8) Vending Equipment Lease : $350.
9) Mechanic : $800.
10) Attendant : 11,700. ( Optimal wage)
11) Nik O Lok : $20.
12) Miscellaneous : $300. ( Phone, TV, Internet )
13) Business License Tax : $50.
14) Alarm : $50.
15) Others : $1,000. ( Reserved Money - in case )
3. Monthly Operating Net Profit : $52,069.
4. Property Tax & Property Insurance : $3,100.
5. Monthly Net Profit : $48,969
6. SBA : 20 to 25 %, Down.
7. Loan Payment : $22,830. ( At 75 % loan amount of purchase price )
8. Monthly Cash Flow : $26,139.
9. If the escrow is closed before 9/27/2020, government will pay for 6 months loan payments instead of the buyer.

To get more information about this Coin Laundry Including Real Estate business for sale in Los Angeles Area 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 #240277 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 Including Real Estate, to ask any questions or request an appointment to see this business for sale. Thank you.


Email Kenneth JY Kim Below About This Posting
No Spam
For Best Results & Response, Email & Phone This Contact: Kenneth JY Kim at 213-446-2615.
Seller Selling Without Financials
Why Deals Fail Over 50 Percent





Featured Fast Track Postings: Motivated Owner/Sellers & Business Buyers

For Sale: Coin Laundromat - Asset Sale, Newer Equipment In Pomona, Los Angeles County, California
Contact: Larry B: 800-307-1234, 323-721-8832
Status: Active  Posting #: 264384  Refreshed: 5/3/2021
Asking Price: $85,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: Call / Email
Attributes: Broker-Broker Coop, Asset Sale, Training And Support
Fast Track Posting Laundry is being offered as an asset sale with newer equipment, Spyderwash payment system, and long term lease. The owner has other business interests and is no longer able to operate the laundry. Great opportunity for owner/operator. Asking Price: $85,000.
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