Laundromat - South LA *Potential*
Business Description
3,000 SF Laundromat for Sale – Firestone Blvd
Asking Price: $195,000 – Business Only
Established coin laundromat available for sale on busy Firestone Blvd. The business occupies approximately 3,000 SF and offers a great opportunity for a new owner or experienced laundromat operator.
The location is surrounded by dense residential and multifamily housing, with additional residential development nearby providing a strong customer base.
A major advantage is the long-term 15-year lease structure (5+5+5) with 3% annual increases, giving the buyer long-term stability at the location.
The property also offers ample on-site parking, making it convenient for customers.
The laundromat can operate without the owner being on-site full time, making it suitable for an absentee owner or an operator looking to add another location.
There is also additional upside for a buyer who chooses to upgrade or replace some of the existing machines and improve the operation.
Highlights
Approximately 3,000 SF
Firestone Blvd location
Asking Price: $195,000
Business-only sale
15-year lease – 5+5+5
3% annual rent increases
Large on-site parking area
Dense residential neighborhood
New residential development nearby
Absentee-friendly operation
Opportunity to upgrade equipment and increase sales
Financial information, lease details, and equipment list are available to qualified buyers after signing an NDA.
Asking Price: $195,000 – Business Only
Established coin laundromat available for sale on busy Firestone Blvd. The business occupies approximately 3,000 SF and offers a great opportunity for a new owner or experienced laundromat operator.
The location is surrounded by dense residential and multifamily housing, with additional residential development nearby providing a strong customer base.
A major advantage is the long-term 15-year lease structure (5+5+5) with 3% annual increases, giving the buyer long-term stability at the location.
The property also offers ample on-site parking, making it convenient for customers.
The laundromat can operate without the owner being on-site full time, making it suitable for an absentee owner or an operator looking to add another location.
There is also additional upside for a buyer who chooses to upgrade or replace some of the existing machines and improve the operation.
Highlights
Approximately 3,000 SF
Firestone Blvd location
Asking Price: $195,000
Business-only sale
15-year lease – 5+5+5
3% annual rent increases
Large on-site parking area
Dense residential neighborhood
New residential development nearby
Absentee-friendly operation
Opportunity to upgrade equipment and increase sales
Financial information, lease details, and equipment list are available to qualified buyers after signing an NDA.
Listing Info
- ID
- 2557092
- Listing Views
Listing ID: 2557092 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Personal Product & Service Businesses for SaleCalifornia Coin Laundry & Laundromat Businesses for Sale
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