Owner Financing - Coin Laundry Business

www.GlobalBX.com

Listing ID: 700316354

Listing Title: Owner Financing - Coin Laundry Business

Quick Link: http://www.globalbx.com/listing.asp?bId=316354

Industry: Business Services

Industry Segment: Laundry

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: Los Angeles

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $330,000

Cash Flow: $330,000

Cash Flow Type: EBITDA

Year Established: 2010

Number of Employees: 1 - 3

Business Description:
Owner is Retiring! Very profitable business with huge upside. ** PRIME LOCATION IN L.A -LOW COMPETITION!** ** THE PERFECT SEMI-ABSENTEE OWNER BUSINESS - RECESSION PROOF – E-2 VISA ELIGIBLE ** This is an Established Franchise 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 Asking price: $619,000 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 dependable public service industry continues to grow and thrive. The public will always need this basic health service – people always need to wash clothes! E-2 Visa Eligible. Visit EZBankLoan.com if you need SBA financing- www.ezbankloan.com



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