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San Fernando, Los Angeles County, California
Asking Price
$430,000
Revenue
$450,000
Down
$150,000
Cash Flow
$90,000
Year Established:
20
Employees:
2
FE&E:
To be provided
Reason for sale:
Sick & Retire
Size in Square Feet:
4,000 sqft
Lease Terms:
5 years +5 years +5 years
Premises Details:
Pacoima is a historic neighborhood in the northeast San Fernando Valley , Los Angeles.
Lease Options:
$10,200
Posting ID:
1719912
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Attributes:
E-2 Visa Eligible
Home Based
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
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Located in the vibrant city of San Fernando, California, this impressive coin laundry business presents a remarkable opportunity for a new owner. Having been purchased 13 years ago by the current owner for $670,000, it now stands as a testament to its robust growth and profitability. This coin laundry business occupies a generous 4,000 square foot facility situated on a high-visibility corner in Los Angeles County, positioning it perfectly for exceptional growth and customer footfall. The business has been prudently managed and nurtured by the current owner, Steve Kim, who has built a strong reputation for maintaining accurate, transparent financial records, thereby ensuring a seamless transition for the new owner. Under owner-operation, this business has the potential to generate over $10,000 in monthly net income, offering a solid return on investment. Furthermore, this business is not just about financial returns; it is about acquiring a stable and promising venture in the thriving service sector. If you're a first-time buyer looking for an established and profitable business with a lot of potential for growth, this coin laundry business is an excellent opportunity. The current owner is ready to retire due to health reasons, and this creates an exceptional chance for you to capitalize on their years of hard work and investment. Don't miss this rare opportunity to become a successful business owner in a bustling California locale. Contact Steve Kim today at +12138805688 or stevekim223@yahoo.com for more details and to discuss this exciting business proposition.

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