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San Fernando, Los Angeles County, California
NEW Coin Laundry + Smoke Shop in the Heart of the San Fernando Valley.
Asking Price
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Revenue
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Down
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Cash Flow
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Description
This is a great opportunity for a first time buyer to buy a new coin laundry + an established smoke shop.
Both business are located in a strip mall on a prime location with ample parking and high traffic.
The smoke shop has high margins and is run by employees. The employees also run the coin laundry as well.
The laundry is making stable income and has many regular customers.
Absentee owner (100% help run). It has high potential to increase income!
Profits can be MUCH higher with a hands-on owner.
Average Monthly Gross income is appx. $45,500.
Average Net income is over $14,500.
Size: 2000 (Coin laundry) + 1200 sq.ft. (Smoke shop)
28 Washers / 29 Dryers
All equipment is top-notch, about 4years old, and is in great condition like NEW!
Business is kept clean. MUST SEE!
Reason for selling: The owner is moving abroad.
Very motivated to sell.
Not eligible for SBA loans.
Please email or call Diane Kwon for NDA and more information.
Property Information
Size in Square Feet:
3,200 sqft
Lease Terms:
5+5 (if approved)
Lease & Tenant Information
Posting Information
Posting ID:
2011405
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Smoke Shop, Tobacco Store
Attributes:
Absentee Run
Semi Absentee Run
Training And Support
Send NDA Request
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Posting Title
NEW Coin Laundry + Smoke Shop in the Heart of the San Fernando Valley.
Posting ID
#2011405
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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
