Coin Op Laundromat - New Machines

Asking Price$1,700,000

Cash Flow
$240,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$500,000

InventoryNot Disclosed

FF&E$850,000
Included in asking price
listing imageSave

Coin Op Laundromat - New Machines


Asking Price$1,700,000

Cash Flow
$240,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$500,000

InventoryNot Disclosed

FF&E$850,000
Included in asking price
Business Description
Amazing Location LAUNDROMAT, This location is doing amazing numbers. Laundromat consists of over 100 Speed Queen touch screen washers and dryers. Located in a very high traffic center. Location includes vending machines and arcades. Fully staffed and absentee ran. If your looking for an absentee business that will generate cash flow while still doing your day job or if your looking to add this asset to your current portfolio this is the business for you.

Current net profits for the month have been approximately $20,000.00 after all expenses. Estimated yearly profit to be $240,000.00 per year based on current revenue. If new owner focuses heavily on wash & fold service it can possibly reach $270,000.00 its first year. Payroll is currently at $5,000.00/Month if you would like to run this business as an owner operator this location can generate you an additional $60,000.00 per year to your bottom line. Over $800k in washer and dryer equipment alone.

All potential buyers must submit proof of funds in order to receive additional information. Potential buyers who do not have the necessary down payment requirements will not be given additional information, no exceptions! Please email statements to Myagentsalim@gmail.com

Financing can be obtained for new and/or existing qualified laundromat owners.

After an offer is made and accepted potential buyer and/or buyers will have the opportunity to conduct their due diligence within a specified period to verify all income and expense reports.
About the Business
Years in Operation
1
Employees
4
Facilities & Assets
Completely renovated
Opportunities for Growth
Lots of potential to still grow with wash and fold services
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,300
Rent
Not Disclosed
Lease Expiration
10/30/2039
About the Sale
Seller Motivation
Moving out of state
Transition Support
Available
Financing Options
Possible financing available for qualified buyers with third party bank (30-35% min.)
Listing Info
ID
2346329
Listing Views
3894

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Salim Farha Realty Executives of Northern California

Listing ID: 2346329 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.