Hot Listing

Pasadena Self & Full Service Laundromat

Asking Price$825,000

Cash Flow
$157,428
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$312,156

Inventory$500
Not included in asking price
FF&ENot Disclosed

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Hot Listing

Pasadena Self & Full Service Laundromat


Asking Price$825,000

Cash Flow
$157,428
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$312,156

Inventory$500
Not included in asking price
FF&ENot Disclosed

Business Description
Established Pasadena Self & Full Service Laundromat - Prime Investment Opportunity

This well-positioned laundromat in Pasadena, CA offers an exceptional investment opportunity with modern equipment and strong fundamentals. Established in 2022, the business operates with all new Electrolux Compass Control washers and dryers featuring the advanced Spyder Wash Pay system, providing customers with state-of-the-art laundry technology.

Financial Performance:
- Annual Revenue: $312,156
- Cash Flow (SDE): $157,428
- Strong 50% cash flow margin demonstrates excellent profitability
- Inventory valued at $500

Operational Excellence:
- Absentee owner operation requiring minimal hands-on management
- Efficient staffing model with two part-time employees and cleaning person totaling only 20 hours weekly
- Self-service model provides consistent revenue with growth potential
- Full-service capabilities expand revenue opportunities

Location & Facility:
- 1,450 square feet in established Pasadena market
- Long-term lease security through January 1, 2041
- Monthly lease rate of $4,480
- Stable customer base in well-established neighborhood
- Mixed customer demographics support both self and full-service concepts

Growth Potential:
- Current owner notes significant room for revenue expansion
- Area economics strongly support full-service laundry concept
- Additional owner involvement could substantially increase current revenues
- Modern equipment attracts quality customers and reduces maintenance costs

The seller, who owns multiple laundry operations, is divesting due to other business interests. Post-sale support available as needed. Financing estimated at 30-40% down payment.

This turnkey operation combines modern equipment, stable cash flow, and significant growth potential in one of Los Angeles County's most desirable markets.
About the Business
Years in Operation
3
Employees
2 (2 Part-time)
Attended strategically for about 20 hours weekly
Facilities & Assets
Beautifully remodeled Community based laundry, just 3 years ago. This is a small state of the art laundromat with a part time attendant doing fluff & fold service. The performance is excellent and there is room to expand the Fluff & Fold and add Pick up & Delivery.
Thelaundry is located near nice restaurants and offers a nice patio for comfort.
Market Outlook / Competition
The area is well stabalized with a mix of customers. The area economics support the full service concept and a great amount of growth is available.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,450
Rent
$4,480.00 per month
Lease Expiration
1/1/2041
About the Sale
Seller Motivation
Owner also owns 1 other laundry and various interests prompt the sale.
Transition Support
Available as needed. To be discussed.
Financing Options
Est 30 - 40% down
Listing Info
ID
2432998
Listing Views
114
Attached DocumentsAttachment Disclaimer

Listing sheet for 1794 WASHINGTON BLVD PASADENA CA.xlsx - Sheet1.pdf


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Business Listed by: Chuck Post

Listing ID: 2432998 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.