Coin-op Laundry: Free Stand, Rev $338, Netting $120,636, Prc $550K, LA

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Business Description

Coin laundromat in Los Angeles. Independent building. Located at the corner of the busy local street. Surrounded by Hispanic and African-American neighbors. Good parking spaces. Easy run operated by employee. No fluff and fold. Here are more information:
• Gross turnover: $28,140/m
• Net income: $10,053/m
• All-in rent: $5,000, including NNN
• Size: 4000 sq.ft
• Lease: Must apply a new lease in buyer's favor. Note that the seller is landlord
• Emp: 2 PT paying for $2,800 a month
• Hours: 6 am to 10 pm 7 days a week
• FFE: 24 Electrolux dryers,
• 64 Washer combination: 17 Speed Queen (2 x 40 lb, 15 x Topload, 16 x 30 lb Wascomat, 31 Electrolux (2 x 80 lb, 8 x 45 lb, 6 x 60 lb)
• Established for 20 yrs
• Below is genaral expenses per month:
- Water/Sewer: $3,700/m
- Electric: $1,500/m
- Gas: $1,600/m
- Attendant/Janitor: $2,800/m
- Trash: $233
- Insurance: $200
- Nik O Lok: $20
- Maintenance w/Parts and Mechanic: $100
- Internet / Telephone. $100
- Vending Cost: $500
- Soup: $2.,000
- Aralm: $35
• Sign and resend the attached online NDA (Non-disclosure Agreement) for DBA and/or business address
• For your fast inquiries, email at or leave a message at (714) 345-6514
* NOTE: If you are a ready buyer and you are interested in learning more about this business or are serious about purchasing it, you are strongly encouraged to come to our office to get the financial details, loan procedures and business information that best fits your needs, due to the unique nature of the business itself.
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About the Business

Los Angeles, California
Year Established:
Number of Employees:
Real Estate:
Building Sq. Ft.:
$5,000.00 Per Month
Vending (Snack, Soda), Video games, Water sale, Nik O Lok, Massage chair, All macines are in good working conditions and well mainteined.
Market Outlook/
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About the Sale

Reason For Selling:
2 weeks after closing
Seller Financing:

Listing Info

Ad Detail Views:

Attached Files Attachment Disclaimer

  NDA (Non-Disclosure Agreement) (790 KB)

Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

 Not Disclosed
not included in asking price

 Not Disclosed
included in asking price

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Business Listed by

Kevin Kim

Bee Realty Group
License# 01922126

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Report an Issue 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 & Conditions.