Wake Up This Zombie Mat ???? | Riverside Laundromat for Sale

Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$96,000

InventoryNot Disclosed

FF&E$75,000
Included in asking price
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Wake Up This Zombie Mat ???? | Riverside Laundromat for Sale


Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$96,000

InventoryNot Disclosed

FF&E$75,000
Included in asking price
Business Description
This laundromat is ready for a new owner to bring it back to life. Located in a high-traffic Riverside area with great parking and a 10-year lease available. Strong fundamentals, solid location, and major upside. Huge upside for the right buyer. A rare value-add opportunity — don’t miss it.
About the Business
Years in Operation
36
Employees
1 Part-time
Facilities & Assets
Smaller, older laundry. Needs a personal and professional touch. Needs some of the equipment replaced. Strong demographic base.
Market Outlook / Competition
There is one competitor 2/10 mile to the west. Based on the demographics within a 1/2 mile, there are 2400 renters within a mile. Strong renter base for the area.
Opportunities for Growth
Excellent opportunity to revamp/remodel this gem and get it to crank up the volume. Vend prices are low for the area.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
$2,400.00 per month
Lease Expiration
5/30/2027
About the Sale
Seller Motivation
Seller has several other locations that require his attention
Transition Support
Seller and or broker will assist in the training for the buyer up to 3 weeks during escrow.
Financing Options
CASH
Listing Info
ID
2465288
Listing Views

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Business Listed by: Andrew Cunningham

Listing ID: 2465288 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.