Two Laundromat package in City of Wilmington, South Bay Los Angeles

Asking Price$1,170,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,111,200

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Two Laundromat package in City of Wilmington, South Bay Los Angeles


Asking Price$1,170,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,111,200

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
For sale is a two (2) package Laundromat opportunity located in the city of Wilmington, CA. The two Coin Laundries are directly across the street from one another, positioned on opposite sies of a busy intersection, creating strong market presence and excellent visibility from multiple directions. Both locations benefit from great signage, ample parking, strong exposure, and favorable Laundromat demographics.

This is a rare opportunity to acquire two self-service Laundromats with long-term lease control and meaningful upside for a first time business owner and/or experienced laundry investor. Both Coin Laundries are employee operated, separately attended, and solely self-service Laundromats without any Wash & Fold services included.

This Laundromat package offers real upside for a hands-on operator with room for equipment upgrades and vend price adjustments to improve performance. The Wilmington #1 Laundromat was remodeled with upgraded equipment in 2015, and the Wilmington #2 Laundromat was upgraded with a cosmetic refresh in 2020.

Additional financial and operating information is available to qualified buyers, with 35% - 40% cash down. Please contact Scott Steinberg at Cal Laundry Ventures for further information.

***Please do NOT speak with the employees. They are unaware that the business is for sale. Thank you for your discretion. ***
About the Business
Facilities & Assets
The package includes two self-service laundromats in the city of Wilmington, CA.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Seller is consolidating his chain of Laundromat businesses.
Transition Support
Sellers will provide training for 30 days during the Escrow period and for 2 weeks after the close of Escrow. Sellers will also be available for email and phone support for 30 days after the close of Escrow.
Listing Info
ID
2526231
Listing Views

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: 2526231 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
Desirable North Hills location
$820,000Desirable North Hills locationNorth Hills, CA
ShelfGenie
$50,000ShelfGenieFeatured Franchise
Supply Pointe
$50,000Supply PointeFeatured Franchise
MilliCare
$50,000MilliCareFeatured Franchise
Have it all in Long Beach
$1,200,000Have it all in Long BeachLong Beach, CA
Merry Maids
$50,000Merry MaidsFeatured Franchise
Desirable North Hills location
$820,000Desirable North Hills locationNorth Hills, CA
ShelfGenie
$50,000ShelfGenieFeatured Franchise
Supply Pointe
$50,000Supply PointeFeatured Franchise