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Paramount, Los Angeles County, California
Asking Price
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Revenue
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Down
35%+ SBA
Cash Flow
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Name: Diane Kwon
Phone: Show phone number
Name
Diane Kwon
Phone
Show phone number
Posting ID:
255357
Attributes:
Absentee Run
Financial Assistance
Semi Absentee Run
Training And Support
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Los Angeles, California
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5600 SF Well-established Coin Laundry w/ High Stable Income in LA. Great visibility and stable income with great growth potential. Located in a strip mall in a prime location. Great visibility with ample parking and easy in/out access. This coin laundry is located in a very densely populated area in a great neighborhood with lots of regular customers. This laundry is always busy with lots of regular customers. Must see! Long-term lease for 20yrs and low rent. Size: Appx. 5600 Sqft. Average Monthly Gross income is over $ 48,500. Average Monthly Gross income is over $ 15,000. 67 Washers/ 66 Dryers All equipment is well-maintained (10yrs old and some are NEW) and in great condition. Many washers will be replaced soon so the revenue should go up. Reason for selling: The owner wants to retire and is motivated to sell. This successful coin laundry is waiting for a new owner. Do not miss this opportunity!! Eligible for SBA Loans. Please email or call Diane Kwon for NDA and more information.
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Laundromat - Semi Absentee Run
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Best money making laundromat in la. Great visibility and prime location! 8400 sq. ft. free-standing building in a great demographic prime location. This is one of the best laundromats in the area. Great visibility with ample parking and easy in/out access. Low rent and long-term lease for 25 years. This laundromat is a coin, vtm card, and credit card operated and keeps increasing, even during the pandemic. It is the best of the best in la. This laundromat is located in a very densely populated area in a great neighborhood with lots of regular customers. Must see! This laundry is always busy. The revenue has been increasing since the laundry started accepting credit cards. The current monthly gross income is over $135,000. The current monthly net income is over $65,000. 92 washers/ 116 dryers. All machines are 4 years old and are top of the line. Owner kept the equipment well-maintained and in immaculate condition like new. Reason for selling: the owner wants to relocate. Very motivated seller! This successful laundromat is waiting for a new owner. Do not miss this opportunity! Eligible for sba loans. Please email or call for nda and more information.
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Great opportunity to own a coin Laundry + Property in LA. This is one of the best coin operated laundromats in the area with ample parking. The mall has a big parking lot and is located in a densely populated, high trafficked area. The coin laundry is an anchor tenant and there is a market as a tenant in the building. This busy laundry has stable income and great regular customers. Bldg Size - appx. 5160 sq. ft. Lot Size appx. 12,282 sq. ft. Coin Laundry Business : Average Monthly Gross income is appx. $35,000/month Average Monthly Net income is appx. $20,500/moth 53 washers/ 56 dryers All equipment is well-maintained (2, 4, 6 yrs old and some are older) and in great condition. Rental income: Tenant: $3,242/month (3% annual increasing) Reason for selling: Owner wants to retire and is motivated to sell. This is a great opportunity for the right buyer to own a well-established coin laundry business along with the property. Don't miss this opportunity. Eligible for SBA Loans. Please email or call for NDA and more information.
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