Profitable Laundromat For Sale in Alameda County

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Asking Price:
$295,000

Gross Revenue:
$192,000
Cash Flow:
$72,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is a 1,800sqft. Coin laundry located very close to residential area, few churches and schools. There is a lot of foot traffic on this street. Seller claims there are 33x Washers and 22 x double Driers that are only 5 years old, 2 x Water heaters, 1 x Quarter Changing Machine, 1 x Detergent Vending Machine, 2 x TV, Security System, 2 x Coolers and some furniture. Vending machine brings in $600/m.
Seller claims: Gross Annual Income of $295000 and net income of $72000
Other expenses :
PG&E $2000/m, Water $1,800/m, Payroll $3,000/m.
This is a good business for owner operator.
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer

About the Business

Location:
Alameda County, California
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
1,800
Rent:
$5,000.00 Per Month
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About the Sale

Reason For Selling:
Other Interests
Seller Financing:
New Lease For the new Owner

Listing Info

ID:
1631724
Ad Detail Views:
0

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Business Listed by

Matt Sadati

Liberty Business Advisors of San Francisco Inc.
License# 70704888

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