Coin Laundromat / Wash - Dry - Fold Business

www.GlobalBX.com

Listing ID: 700335498

Listing Title: Coin Laundromat / Wash - Dry - Fold Business

Quick Link: http://www.globalbx.com/listing.asp?bId=335498

Industry: Business Services

Industry Segment: Laundry

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: Los Angeles

Asking Price Range: $500K - $1.0M

Gross Revenues: $550,000

Cash Flow: $235,000

Cash Flow Type: EBITDA

Year Established: 2013

Number of Employees: 4 - 5

Business Description:
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!''



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