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Long Beach, Los Angeles County, California
Asking Price
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Revenue
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Down
35-40% SBA
Cash Flow
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Name: Diane Kwon
Phone: Show phone number
Name
Diane Kwon
Phone
Show phone number
Posting ID:
273265
Attributes:
Financial Assistance
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
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For sale is a well-established coin laundry with high potential at an extremely low price, located in Bell. This coin-operated laundry occupies 3,600 square feet in a busy strip mall, offering excellent visibility, ample parking, and convenient in/out access. Its prime location has attracted a large base of regular customers. This is an exceptional opportunity for a first-time buyer to acquire a successful coin-operated laundry at a low price, with the potential to increase revenue through proper management. The profit margin is favorable due to the low rent and reduced sewer charges in this area, offering a very high return on investment. Property Details: Size: 3,600 sq ft Average Monthly Gross Income: Approximately $18,000 Average Monthly Net Income: Approximately $4,500 Equipment: 45 washers and 42 dryers, with equipment ranging from new to 7, 10 years old, and some older. The seller is motivated due to urgent health issues and is eager to sell at this low price. Do not miss out on this incredible opportunity!
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This is a well-established, 4,300 sq. ft. coin laundry with a high, stable income located in Los Angeles. Location, location, location! This freestanding building is in a prime location with great visibility and ample parking, offering easy access in and out. The coin laundry is situated in a populated area within a great neighborhood and enjoys a steady stream of regular customers. It is considered one of the best coin-operated laundromats in the area. Always busy, this laundromat is a must-see! Size: Approximately 4,300 sq. ft. Average Monthly Gross Income: Over $57,000 Average Monthly Net Income: Over $13,000 The facility is equipped with 48 washers and 58 dryers, all of which are top-notch. The equipment is well-maintained, ranging from 1 to 11 years old, with newly installed boiler systems. The owner has kept the equipment in immaculate, like-new condition. Reason for Selling: The owner is looking to retire and is motivated to sell. This successful coin laundry is ready for a new owner. Don’t miss out on this opportunity! Note: This business is not eligible for SBA loans. For more information or to receive an NDA, please email or call me.
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Well-established coin laundry near Koreatown. This is a great opportunity for a first-time buyer to buy a successful coin-operated laundry. Located in a strip mall in a prime location and surrounded by many apartments. Ample parking lot with easy in and out access. This laundry is always busy with lots of regular customers due to its excellent location. Must see! It has the potential to increase revenue even more. Long -term lease and is in a great location. The average monthly gross income is approx: $24,500. The average monthly net income is approx: $7,500. Size: 3000 sq. ft. 53 washers/ 50 dryers All equipment is well- maintained (2 yrs, 5 yrs, 8yrs, 9yrs and some are older) and in great condition. The reason for selling: The seller has urgent health problems and is very motivated to sell. Very motivated seller and priced to sell! Do not miss this opportunity! Please email or call Diane Kwon for an NDA and more information.
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Great Opportunity to Own a Coin Laundry + Property in LA. The coin laundry is an anchor tenant and there is a market as another tenant in the building. This is one of the best coin-operated laundromats in the area. The building is located in a densely populated, high-trafficked area. Great visibility with ample parking and easy in/out access. This busy laundry has a stable income and lots of regular customers. ** The profit margin is better because of the LOWER sewer charges in this area and HIGH-efficiency machines. Very high return on investment! Bldg Size - appx. 7000 sq. ft. Lot Size appx. 18,880 sq. ft. Rental income from property: Tenant (3000 sq. ft.) ; $3,400/month Coin Laundry Business : The average monthly gross income is appx. $57,000/mo. The average monthly net income is appx. $36,000/mo. Washer 66 / Dryer 94 All machines are 5.5 yrs old and are top of the line. The owner kept the equipment well-maintained and in immaculate condition like new. Reason for selling: The owner wants to sell in order to focus on his new business. Very motivated seller and priced to sell! This is a great opportunity for the right buyer to own a coin-laundry business along with the property. Don't miss this opportunity. Eligible for SBA loans.
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This is a well-established laundry in Pacoima! It is a free-standing building with great visibility and ample parking with easy in and out. This coin laundry is located in a highly trafficked area in an excellent location. It is in a great neighborhood with lots of very loyal regular customers. Must see! There is a long-term lease for 20 years and low rent with great terms and conditions. The size is approximately 2400 sq. ft. The average monthly gross income is over $37,000. The average monthly net income is over $15,000. There are 42 washers and 44 dryers. Many machines are under warranty (3 to 5 years). All equipment is well-maintained (2 to 5 years and some are new) and in great condition. The reason for selling: The owner wants to retire and is motivated to sell. It is eligible for a loan (50% down).
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