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Coin Laundromat / Wash - Dry - Fold Business
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Business Services > Laundry




Business Summary

Asking Price: $698,000

** THE PERFECT SEMI-ABSENTEE OWNER BUSINESS - RECESSION PROOF – E-2 VISA ELIGIBLE **

You will need $150,000 liquid cash to put down and a Net Worth of $400,000 to Qualify for financing with your good credit.

This is an Established Franchise Coin operated Laundry/Wash-Dry-Fold Business.

$ 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, also offering Wash-Dry-Fold Services.

** Long-term training and support are provided by the Franchisor. **

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

Buyer must qualify (with Franchisor company) to assume a Franchisees role.


** To receive more information about this Business, Please fill out the ''CONTACT BUSINESS SELLER'' section in this ad and we will send you out an online NDA to fill out ….Thank You. **


*** No Brokers Please ***
Facilities:
Store size is approximately 4,500 plus sq. ft., great long term lease, high traffic count, Large Parking Lot, 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 opportunities:
>>> 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!''


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $550,000
Cash Flow:   $235,000
Cash Flow Type:  EBITDA
Inventory:  $565,000
Seller Financing:  Yes

About The Business

Year Established:  2013
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The Franchisor will ensure a smooth transition and provide start-up and ongoing support.

Photos

View Larger Photo(s) Of Business
Coin Laundromat / Wash - Dry - Fold Business Photo 1 Coin Laundromat / Wash - Dry - Fold Business Photo 2 Coin Laundromat / Wash - Dry - Fold Business Photo 3




Print Listing Id: 700335498
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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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