Busy location, great demographics with high density population and surrounded by rental complexes and multi-unit housing. Outstanding lease with below market rent. Great cash flow with many opportunities for increased growth. Cash on cash return as high as 25%.
NOTE: This BizBen Posting #264617 Laundromat - Great Cash Flow, Busy Location in San Fernando Valley is currently
INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a California small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Today's Active Postings That Match This Search Criteria |
For Sale: Laundry With Market - Absentee Run, Easy Operation - Los Angeles Area
Posting #: 261408
Status: Active
Refreshed: 1/7/2021
Contact: Steve Kim
Phone: 213-880-5688 Cell
Phone: 213-880-5688 Text
Price: $530,000
Adj Net: $150,000
Down: $200,000
Short Profile: Absentee run Coin Laundry with market for sale. Free standing building. Building 5,400 sq. ft. Monthly rent: $6000. High adjusted net income. Good book & record (10 years).Gross sale $47000-$50000/month. 6:00-9:00, 6:00-9:00 open hour. Owner go to laundromat once/week. Just pick up the money.

For Sale: Coin Laundry - Great Starter Store - Glendale, Los Angeles County
Posting #: 241679
Status: Active
Refreshed: 11/19/2020
Contact: Tony Ly
Phone: 626-622-1117
Phone: 626-814-4752
Price: $65,000
Adj Net: Call / Email
Down: Call / Email
Short Profile: This laundromat is located in a small strip center of major street intersection. This is an excellent affordable starter store. Fluff and fold should do well at this location.

For Sale: Coin Laundry - With Real Estate - East Los Angeles
Posting #: 261457
Status: Active
Refreshed: 10/5/2020
Contact: Diane Kwon
Phone: 213-999-9500
Phone: None Given
Price: Call / Email
Adj Net: Call / Email
Down: $25%
Financial Profile: Average Monthly Gross income is appx. $75,000/month Average Monthly Net income is appx. $47,000/month. Bldg Size - appx. 7050 sq. ft. Lot Size: appx. 14,840 sq. ft.
Short Profile: Great Opportunity to Own a Coin Laundry + Property in LA. This is one of the best coin-operated laundromats. In the free-standing building with a huge parking lot in a great location. This laundry is located in an area with a high population of coin laundry customers with great visibility.

For Sale: Coin Laundry - Absentee Run - Paramount, LA County
Posting #: 255357
Status: Active
Refreshed: 10/13/2020
Contact: Diane Kwon
Phone: 213-999-9500
Phone: None Given
Price: Call / Email
Adj Net: Call / Email
Down: $35%+ SBA
Short Profile: 3600 sq. ft. Card-operated laundry in Paramount. Excellent prime location in a small strip mall on a major street in the heart of Paramount. Lots of regular customers due to its excellent location. The great designed interior and decorations. Great visibility with ample parking.

For Sale: Coin Laundry - Well Maintained Machines - Los Angeles County
Posting #: 260349
Status: Active
Refreshed: 1/4/2021
Contact: Kee Chang Nam
Phone: 714-323-8080 Cell
Phone: 714-323-8080 Text
Price: $690,000
Adj Net: $120,000+
Down: Call / Email
Short Profile: Gross Sales: $35,518. Store Size: 5,400 sq. ft. Rent: $7,240 till 3/31/2022 and $7,500 till 3/31/2026. Net Income Monthly: $10,724. Expenses: $24,794. Utilities (Electric $2,157 & Water $6,110 and Gas $2,341) total $10,608. Wages $4,500. Well maintained machines.

For Sale: Coin Laundromat - Efficient Machines - Paramount, LA County
Posting #: 257492
Status: Active
Refreshed: 1/13/2021
Contact: Mr Woodman
Phone: 818-787-8881
Phone: None Given
Price: $425,000
Adj Net: Call / Email
Down: Call / Email
Short Profile: Strong coin-operated laundromat in the city of Paramount. It features well maintained high efficiency washers and dryers. The location has good parking and great visibility. This is a must-see store and will sell fast!

For Sale: Laundromat - Los Angeles
Posting #: 259775
Status: Active
Refreshed: 10/5/2020
Contact: Joshua Choy
Phone: 323-633-1558
Phone: None Given
Price: $229,000
Adj Net: Call
Down: Cash
Short Profile: It has high volume Fluff and Fold about $5,000 per month in the upper class area in West Hollywood & Hollywood Hills. Very busy in-and-out major location. Good opportunity to hand-on buyer or aggressive investor. Take advantage of this good opportunity.This is a good for 24 hour open location.

For Sale: Laundromat - Well Established, Manageable - Canoga Park, LA County
Posting #: 264901
Status: Active
Refreshed: 1/5/2021
Contact: William Dang
Phone: 626-975-8633
Phone: None Given
Price: $120,000
Adj Net: Call / Email
Down: Call / Email
Short Profile: Well established laundromat waiting for someone to hand over the keys. Manageable size store situated in a mid-size center bringing in plenty of customer traffic. Easy ingress and egress to the location with lots of visibility. Good for first time buyer into the business.

For Sale: High Volume Coin Laundry - Los Angeles
Posting #: 227104
Status: Active
Refreshed: 10/20/2020
Contact: Deborah Byon
Phone: 213-435-6577
Phone: None Given
Price: Call
Adj Net: $480,000
Down: $35% Down
Short Profile: Big Cash Maker CL for sale! All equipment in good condition and no extra investment needed for upgrades. Great appearance and has well trained, loyal staff of attendants in place. Steady regular and new customers arriving constantly. Big net income and rare opportunity for serious buyer. Must See!

For Sale: Coin Laundry - Absentee Run - West Whittier, LA County
Posting #: 264001
Status: Active
Refreshed: 1/22/2021
Contact: Steve Kim
Phone: 213-880-5688 Cell
Phone: 213-880-5688 Text
Price: $420,000
Adj Net: $81,607
Down: $200,000
Short Profile: Coin less, card operated laundromat. Very well maintained coin laundry. Good rent $3156, including nnn, store size 2600 sq. ft. Almost 100% reported, payroll $68054.36/year, payroll taxes $6335.17, workers comp insurance $4913.12/year, business insurance $9000/year.
See All Related Businesses For Sale Similar To This Posting
View All Businesses For Sale & Wanted To Buy Postings In These Cities |
Canoga Park,
East Los Angeles,
Glendale,
Los Angeles,
Paramount,
Whittier
Related Links & Information Regarding This Posting |
Helpful Resources To Assist In Selling And Buying California Businesses |
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Larry Larsen: Laundry Consulting, Brokerage, Insurance 40+ years of experience in the sales, ownership, management, and construction of laundries. He is a licensed broker active in the sale of laundries, licensed insurance agent specializing in laundry insurance, remodeling, new equipment. Larry Larsen - phone me direct at 714-630-9274 or 714-630-Wash. |
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Hank Miller, Business Broker - Los Angeles County Business brokerage services throughout the Southern California area for over 32 years. Assisting business buyers and business owners sell their business. We represent all types and sizes of businesses primarily throughout Southern California. |
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Gregg Tobin, Business Broker: Orange & LA Counties Gregg Tobin has been a business owner and operator for more than 30 years and has been helping clients sell their businesses for a decade. In addition, he has sold seven of the companies he started or purchased and thus is a veteran of both sides of the negotiating table. |
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews |
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When Buying A Laundry Why Buyers Should Have An Exit Strategy When Buying
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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Laundromat Business Valuations: Could Buyers Of Laundries Be Overpaying?
Chuck Post (laundry buyer rep, consultant, due-diligence expert) discusses the factors of appraising laundries. Why such high purchase prices is baffling - many times the value is so misunderstood that it results in laundry buyers over-paying for a laundromat. Reach Chuck direct at 619-227-5711. |
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Laundry Expert Reviews: The Laundry Lease And Its Effect On The Valuation
Read why longer leases increase the value of a card or coin laundromat when buying or selling a laundry. Chuck Post (Laundry Broker, Consultant at 619-227-5711) expands on the topic of lease structures on the purchase or selling of a laundromat. Laundry sellers and buyers will want to read this. |