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Coin Laundry - Well Established In Great Area
Location: United States -> California -> Southern California - Los Angeles Area -> Reseda
Industry: Business Services > Laundry




Business Summary

Well established with Great Net Profit. In the heart of Reseda at a very busy intersection with 50 plus parking. Very easy to run and manage. Mixture of brand new and well maintained machines. Very long LEASE and options to renew. This is one of a kind opportunity to own an easy to run and manage with high gross and great net profit Coin Laundry in the heart of RESEDA.

The business is located very close to a very busy intersection with store front and access from Reseda Blvd and an entrance from the rear with access to 50+ parking spaces. Great neighborhood with 100's of apartments and multi family residents within a mile of the Laundry. Recently remodeled and SUPER clean and well maintained. The Laundry has many brand new machines and equipment. The business has a great customer base with many repeated customers. Please contact Bruce Nosrat at 818-835-5155.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $295,000
Cash Flow:   $127,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1997
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes & negotiable on time period
Reason For Selling:  Personal

Photos

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Coin Laundry - Well Established In Great Area Photo 1 Coin Laundry - Well Established In Great Area Photo 2 Coin Laundry - Well Established In Great Area Photo 3




Print Listing Id: 700200716
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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