Profitable Torrance Laundromat - Now Available!

Asking Price$230,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$229,020

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Profitable Torrance Laundromat - Now Available!


Asking Price$230,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$229,020

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Attractive and profitable Torrance self-service Coin Laundry in the heart of the South Bay Los Angeles. The business is located in a retail strip center on a major street, with excellent signage and parking. The Laundromat location is surrounded by rental apartments and multi-unit housing. Well established Coin Laundry business with consistent clientele base.
About the Business
Employees
1 Full-time
Facilities & Assets
The Laundromat is located in a retail strip center with great signage, exposure, and strong parking. Excellent Laundromat demographics and surrounded by large apartment complexes, multi-unit housing, and a high renter percentage. This is a "self-service" Laundry, with no "Wash & Fold" services being offered. Laundromat Equipment: -31 Washers -30 Dryers-2 Change Machines - 1 Wall Soap Vending Machine.

The Landlord will consider a Lease extension to a qualified and credit worthy Buyer. Please call or email Scott Steinberg for additional details.
Opportunities for Growth
Strong upside potential to add additional services and modernize the Laundromat business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,878
Lease Expiration
9/30/2033
About the Sale
Seller Motivation
Seller is relocating out of area.
Transition Support
The Seller will provide training as needed during the 30-day Escrow. The Seller will also be available for 2 weeks after the close of Escrow by appointment, and 30 days after Escrow by phone and Email.
Financing Options
Commercial financing available with 40% cash-down payment.
Listing Info
ID
2434742
Listing Views
2014

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Scott Steinberg Cal Laundry Ventures

Listing ID: 2434742 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.


Similar Listings