Hot Listing

Great Wash/Dry/Fold opportunity in the South Bay -IN ESCROW

Asking Price$465,000

Cash Flow
$90,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$327,000

InventoryNot Disclosed

FF&E$150,000
Included in asking price
listing imageSave
Hot Listing

Great Wash/Dry/Fold opportunity in the South Bay -IN ESCROW


Asking Price$465,000

Cash Flow
$90,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$327,000

InventoryNot Disclosed

FF&E$150,000
Included in asking price
Business Description
We are not your typical laundromat. We see our customers as invited guests to an enjoyable space where, we as the host, want to provide our customers an experience which is memorable, enjoyable and easy to do their laundry. This laundry is, clean, safe and comfortable. Does great self-service, but If you want to make some serious money, you'll need to expand the business and grow the W/D/F portion with pick-up and delivery to the "hill!" Good laundries are very hard to come by these days, and if you're lucky you can find a real gem. This is it, look no more. This laundry will not last very long. Those who have been looking, know this!
About the Business
Years in Operation
25
Employees
2
Facilities & Assets
Spacious 2200-foot building, clean, well-positioned with great parking and more than adequate space inside to do the work. Easy access to and from laundry. The neighborhood is safe.
Website
http:/www.laundromats_unfiltered
Market Outlook / Competition
A few local laundries complete on a small level. Not many can compete with the Wash/Dry/Fold opportunities.
Opportunities for Growth
The Wash/Dry/Fold service is strong, yet there is a substantial revenue opportunity associated with this line of service, and it is untapped. It is just waiting for the creative and ambitious owner to maximize profits. Excellent location to grow Wash/Dry/Fold business. Untold opportunities to grow business with the Palos Verdes peninsula neighbors. No significant downside.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
Rent
$5,650.00 per month
Lease Expiration
12/31/2027
About the Sale
Seller Motivation
Seller lives out of town. Too difficult to operate. Needs "on hands" approach.
Transition Support
Seller to provide training during escrow.
Financing Options
BANK FINANCING AVAILABLE TO QUALIFIED BUYER -40% DOWN
Listing Info
ID
2355127
Listing Views
2589
Attached DocumentsAttachment Disclaimer

Interested_potential_owners_or_investors.pdf


Contact Seller

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Business Listed by: CJ@acunninghament.com

Listing ID: 2355127 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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