Hot Listing
Laundromat for Sale - NEW Speed Queen Washers (Long Beach, CA)
Business Description
A clean and spacious laundromat rich in history and nostalgia, by the loyal customers, surrounding businesses, neighborhoods, and a newly built senior affordable housing apartment with great storefront parking. Brand new Speed Queen touchscreen washers that customers love. Spacious store for additional vending and gaming machines. Ripe for Wash/Dry/Fold service and longer opening hours. Long gross lease with (2) 5-year options. Turnkey with room to grow.
About the Business
- Years in Operation
- 22
- Employees
- 1 (1 Contractor)
- Facilities & Assets
- Great opportunity as there are 24 brand-new Speed Queen Quantum Touch and Quantum Gold washers of various capacities to serve customer needs, in additions to older washers and (2) 80#. (4) Navien tankless heater ensures no downtime. 98% of the hose bibs are brand new. Partial copper piping. Sewer drains and plumbing addressed with hydro jet. Re-surfaced folding tables. (3) Brand new vending machines snack/drink/soap. Clean and functional bathroom. Roof repaired. Doors open automatically at 6AM. Card system. Absolute turn-key.
- Market Outlook / Competition
- Natural access for a nearby senior affordable housing apartment, the neighboring neighborhoods, and the surrounding businesses. Gain an average of 10+ new card-captive customers per week.
- Opportunities for Growth
- The washers equation has been solved, just need finessing, and room for price increase as they are brand new against nearby competition. Dryers income can be further accessed by lowering minutes, very generous at the moment. Included brand new snack/drink and soap machines, under warranty. Wash/Dry/Fold can further accelerate growth.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,142
- Rent
- $5,500.00 per month
- Lease Expiration
- 7/2/2034
About the Sale
- Seller Motivation
- Health.
- Transition Support
- Seller to provide training during escrow.
Listing Info
- ID
- 2376346
- Listing Views
- 435
Listing ID: 2376346 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.
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