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For Sale: Coin Laundry - With Ample Parking - North Of Korea Town, LA

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Current Status: Active     Posting #: 221852     Last Refreshed: 11/20/18     BRE License #: 01380749    
Contact: Joseph K. Min At 213-280-4989 Cell  -  Also Email This Contact Below
Price:  $1,450,000     Down:  $370,000     Adjusted Net:  $280,000     Revenue:  $626,000    
Business Address:  None Given     City:  Los Angeles     Zip:  None Given    
Attributes:  Absentee Run     Cooperation With Brokers?  No

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  Description About This Posting: Coin Laundry - With Ample Parking
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.
Well established and operates by a full time attendances.
All cash flow reflects after deduct full cost of labor.
One of the most competitive equipment installed.
Owned water purify system included.
High sales revenue income and net income cash flow.
For the qualified buyer, SBA loan can be available.

To get more information about this Coin Laundry - With Ample Parking business for sale in North Of Korea Town, LA please phone Joseph K. Min (Agent - BRE License #:01380749) at 213-280-4989 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #221852 on BizBen.com. In addition to phoning Joseph K. Min, make sure you email Joseph K. Min above to get more info about this Coin Laundry - With Ample Parking, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
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  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Chuck Post: Laundry Buyer Representation, Consulting, Due Diligence

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.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Helen Yoo: Escrow & Bulk Sale Services - 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.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.


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Interview: With Chuck Post On How To Buy A Laundry Business Successfully

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Laundromat Business Valuations: Could Buyers Of Laundries Be Overpaying?

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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.

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.

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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.

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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 - 866-270-6278.

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