West LA Established Laundromat Expansion Upside
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West LA Established Laundromat Expansion Upside
HS Listing ID-70540
Asking price- $495,000
Gross Income - 289k
Net Income - 96k
Rent - 80k
Payroll - 60k
Utilities - 40k
COGS(cost of goods sold) - 27k
business highlights:
3000 sqft
50% self service 50% fluff & fold service
45 washer and 40 dryers
10 year lease plus 5 yr option
2 full time employees business runs semi-absentee
Equipment List (15-20 yr old machines)
WASHING MACHINES
Speed Queen Top Load Washers
Quantity: 24
Capacity: 10 lb
Whirlpool Top Load Washers
Quantity: 4
Capacity: Standard Residential / Light Commercial
Speed Queen Front Load Washers
Quantity: 10
Capacity: 20 lb
Milnor Vision Series Washers
Quantity: 7
Capacity: 45 lb
Speed Queen Large Capacity Washer
Quantity: 1
Capacity: 50 lb
DRYERS
Huebsch Commercial Dryers
Quantity: 40
UTILITY & SUPPORT EQUIPMENT (15-20 yr old equipment_
Change Machines
Quantity: 3
Raypak Heater
Quantity: 1
Heating Capacity: 14,000 BTU
Commercial Water Tank
Quantity: 1
Capacity: 400 Gallons
Listed by SFR Realty Jason Green California License #01910934
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Asking price- $495,000
Gross Income - 289k
Net Income - 96k
Rent - 80k
Payroll - 60k
Utilities - 40k
COGS(cost of goods sold) - 27k
business highlights:
3000 sqft
50% self service 50% fluff & fold service
45 washer and 40 dryers
10 year lease plus 5 yr option
2 full time employees business runs semi-absentee
Equipment List (15-20 yr old machines)
WASHING MACHINES
Speed Queen Top Load Washers
Quantity: 24
Capacity: 10 lb
Whirlpool Top Load Washers
Quantity: 4
Capacity: Standard Residential / Light Commercial
Speed Queen Front Load Washers
Quantity: 10
Capacity: 20 lb
Milnor Vision Series Washers
Quantity: 7
Capacity: 45 lb
Speed Queen Large Capacity Washer
Quantity: 1
Capacity: 50 lb
DRYERS
Huebsch Commercial Dryers
Quantity: 40
UTILITY & SUPPORT EQUIPMENT (15-20 yr old equipment_
Change Machines
Quantity: 3
Raypak Heater
Quantity: 1
Heating Capacity: 14,000 BTU
Commercial Water Tank
Quantity: 1
Capacity: 400 Gallons
Listed by SFR Realty Jason Green California License #01910934
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $6,666.67 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2491963
- Listing Views
- 29
Listing ID: 2491963 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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