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