Excellent opportunity to acquire a well-positioned neighborhood laundromat located in Central Los Angeles. The laundry occupies approximately 3,345 square feet, providing a spacious layout that supports strong equipment capacity and efficient customer flow. A 24-year lease is currently in place, offering long-term operational stability and reducing future lease renewal risk. The business may qualify for SBA financing with approximately 25% to 30% down payment for qualified buyers, subject to lender approval.
Surrounded by dense multifamily housing and established residential communities, the business benefits from consistent neighborhood demand and steady walk-in traffic.
The location also offers additional unused floor space, creating an opportunity to install newer income-producing equipment and further increase revenue potential.
This business presents meaningful upside through vend price adjustments, marketing enhancements, equipment optimization, and expansion of ancillary services such as wash-and-fold. The current owner has not actively implemented these growth opportunities, making this an excellent opportunity for a new owner to improve operations and increase income through these potential enhancements.