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Owner Financing - Coin Laundry Business
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Business Services > Laundry




Business Summary

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


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $330,000
Cash Flow:   $330,000
Cash Flow Type:  EBITDA
Inventory:  included
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Owner retiring




Print Listing Id: 700316354
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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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