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Long Beach, Los Angeles County, California
Remodeled Long Beach Laundromat
Asking Price
$1,300,000
Revenue
$480,000
Down
$150,000
Cash Flow
$230,400
Name: Clayton Barnett
Phone: Show phone number
Name
Clayton Barnett
Phone
Show phone number
Description
This Laundromat has been experiencing steady growth since its refurbishment, generating an impressive gross of $40,000 and a net income of $19,208 per month. A key element of its revenue stream is the Fluff and Fold service, which has significant expansion potential as it has not been advertised extensively yet.
The location of this business is one of its major strengths. It's nestled in a densely populated neighborhood, bordered by apartment buildings, most of which do not have in-unit laundry facilities. This need for laundry services in the immediate vicinity fuels a steady and reliable customer base. Additionally, its proximity to both Long Beach University and Long Beach Community College provides a constant flow of student customers.
As a buyer, you'll be stepping into a flourishing business in a prime location with substantial room for growth. This means you'll have the opportunity to be hands-on in driving the business forward, making immediate impacts on its success.
Don't miss this remarkable opportunity to own a thriving, fully remodeled Laundromat in Long Beach. Contact the broker today for more details and to explore the exciting possibilities this business presents
Seller willing to carry $350,000 to qualified buyer
Business Details
Year Established:
1975
Employees:
2
Reason for sale:
Store too far fro home (40 miles) and hard to operate from that distance. have other business to manage.
Support & Training:
2 weeks
Property Information
Size in Square Feet:
2,200 sqft
Lease Terms:
13 years
Premises Details:
Located in major shopping center with major market as an anchor store
Lease & Tenant Information
Posting Information
Posting ID:
7293824
Business Category:
Service
Business Types:
Coin Laundry, Laundromat
Attributes:
Absentee Run
Training And Support
Non-Disclosure Agreement
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Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Remodeled Long Beach Laundromat
Posting ID
#7293824
Full Name (Required)
Email (Required)
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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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