Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Red Wing Shoe Store Franchise Opportunity

Sears Home Appliance Showrooms Franchise Opportunity

Great Canadian Dollar Store Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Top Coin Laundry Business - Drastic Price Reduction
Location: United States -> California -> Southern California - All Southern California -> Los Angeles
Industry: Retail > Other Retail




Business Summary

Coin Laundry in Prime Los Angeles Location-Owner Retiring!

E2 VISA OPPORTUNITY! --Owner is Retiring! Very profitable business with huge upside.
UPDATED 4/24/17-- HUGE PRICE REDUCTION-Owner wants to retire asap!-- Attached flyer shows Old price>>> NEW PRICE only $449,000.
** PRIME LOCATION IN L.A -LOW COMPETITION!**
** THE PERFECT SEMI-ABSENTEE OWNER BUSINESS - RECESSION PROOF – E-2 VISA ELIGIBLE **

This is an Established Coin operated Laundry.

$ This business makes you money when you are not around! $

Full time Attendants, Free Wi-Fi for customers, Clean/Well Lit & Well Maintained Store, Top Name High efficiency Coin Operated Washers and Dryers.

You can operate this Business as a Semi-Absentee Owner!

*** Training and support may be provided by the owner ***

Absolutely no prior Laundromat experience is needed and is required to operate this coin laundry.

To receive more information about this Business, Please click below on the BUSINESS WEBSITE URL LINK or fill out ''contact the seller'' and we will send you out an online NDA to fill out.

*** No Brokers Please ***

Detailed Information
UPDATED- OWNER WANTS TO RETIRE ASAP! Great established profitable business!
Asking price: $618,000 reduced now to NEW PRICE of only>>>$549,000!
Inventory:Included in asking price.
Real Estate:LeasedBuilding SF:3,300
Employees:1 FULL/3 pt.
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:Store size is approximately 3,300 sq. ft., great long term lease, high traffic count, densely populated.
ASKING PRICE INCLUDES: All Laundry Equipment (washers/dryers), bill changers, carts, Vending machines for laundry detergent & softeners, benches, security system with cameras, laundry tables, chairs, Signage (interior and exterior), all leasehold improvements and much more.
Growth & Expansion:>>> RECESSION PROOF BUSINESS <<< Today's coin laundry industry is a strong and vibrant one. Even more appealing is the fact that this


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $330,000
Cash Flow:   $110,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Can provide
Reason For Selling:  Retirement




Print Listing Id: 700316634
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700316634
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.