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Established "Card " Laundry
| Asking Price: | $149,500 | Inventory: | $1,000 ++ |
| Gross Revenue: | $254,500 | Real Estate: | n/a |
| Cash Flow: | $35,500 | FF&E: | $175,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Recently refurbished state of the art “card” operated laundry. Operation is fully computerized so the owner can oversee from a remote location and know exactly what each machine is making in income, plus knows if any repairs are needed. The store can be opened or closed from a remote location with complete security. The entire store is on video cameras that can be viewed from a remote location. The store has 44 washers and 46 dryers, all relatively new and in excellent repair. The store also has vending machines for sodas, snacks, toys and soap. There are two pay phones and two bill changers. No need to count and transport coin. The bill changer takes a minimum of a $10.00 bill and gives the customer a prepaid card that can be used in any of the machines. The store is located in South Los Angeles where this type of store is a definite need for the community. The store is currently totally “help run”. An active owner could increase the bottom line, plus the current owner has done no advertising or “specials” to attract more customers.
About the Business
Year Established:1991
Employees:0 full time - 3 part time
Facilities:3,480 sq. ft at $5,394 per month plus CAM
Market Outlook and Competition:Good
About the Sale
Management Training and Support:Sufficient to have a smooth change of ownership.
Reason For Selling:Other Business Interests.
Seller Financing:All Cash
KEYWORDS: Coin Laundry Card Laundry
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