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Long Beach, Los Angeles County, California
Coin Laundry - In Prime Location, Low Price
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
Description
Big big potential!! There's a new project with many buildings for low-income apartments across the street.
Located in a strip mall with a high traffic count in a prime location.
Great visibility with ample front parking with easy in/out.
Lots of regular customers due to its excellent location.
Very high return on investment!
** the profit margin is better because of the low rent and lower water bills.
Business is kept clean and machines are well maintained. Must see!
This is a great opportunity for a first-time buyer to buy a successful coin-operated laundry at a low price.
Size: 4,000 sq. ft.
Rent: $5200 (including nnn).
The average monthly gross income is appx. $22,000.
The average monthly net income is appx. $6500.
54 washers/ 22 dryers
All equipment is well-maintained (7yrs and 15yrs old).
The owner has a maintenance technician who kept it in immaculate condition and you will keep him.
Reason for selling: the owner has a serious health issue and can not manage the business properly.
The owner is very motivated to sell.
This successful coin laundry is waiting for a new owner.
Now it's time to take advantage of this opportunity!!
Eligible for SBA loans.
Posting Information
Posting ID:
273265
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Keywords:
laundry, long beach, los angeles
Attributes:
Financial Assistance
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Coin Laundry - In Prime Location, Low Price
Posting ID
#273265
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Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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