South LA Coin Laundry for Sale

*Business Size: 2,700 SF

*Monthly Rent: $6,275 Base Rent + $700 CAM (Total: $6,975)
*Annual Rent Increase: 4%

*Lease: The current lease expires in October 2026. The buyer may negotiate a new long-term lease directly with the landlord.

*Business Hours: 6:00 AM to 9:30 PM (Open 7 Days a Week)

*Employee: One part-time employee who lives behind the store and handles opening, periodic checks during the day, and closing duties. Weekly payroll is approximately $450.

*Monthly Gross Sales: Approximately $14,000 to $15,000
*Fluff & Fold Service Income: Approximately $300 to $500 per month.

The current owner does not have formal financial records available, including tax returns or profit and loss statements (P&L).

This is an excellent opportunity for a buyer who wants to acquire an existing laundromat, install new equipment, actively manage the business, and grow its potential.

The surrounding neighborhood has a high percentage of rental households without in-unit washers and dryers, making coin laundry an essential service rather than a discretionary business. The business benefits from a stable and recurring customer base, as local residents visit regularly for their laundry needs. In addition, South LA's high population density and larger household sizes create consistent demand for laundry services.

With operational improvements and equipment upgrades, this business offers significant upside potential to meaningfully increase both monthly revenue and profitability.