Hot Listing
Profitable Laundromat With Value Add Opportunities For Sale
Business Description
HS Listing ID-66317
Asking Price : $325,000
2024 Net Profit : ~$65,000
*NO SELLER FINANCING AVAILABLE
**SBA WILL NOT LEND ON THIS DEAL
2024 Revenue Breakdown: 207,000
Self service - 157,000
Wash and Fold - 11,650
Delivery - 21,000
Baggage Drop - 3,450
Advertising Sales - 2,600
Filming/Location Rental - 11,300
Building:
9 years left on lease
$3,630 per month
2,500 sq ft
off street parking
Employees:
-1 employee (part time)
-$315 per week
-opens, closes, wash and fold, pickup and delivery
-owner involvement currently ~10hrs per week
Equipment:
Washers: 38 (all speed queen)
Dryers: 19 (all dexter)
POS system: Curbside and Square
Coin/Card: BOTH
*All Equipment is 4-8 years young
Value Add Opportunities:
-Laundromat is currently only open from 6am-9pm
-Laundromat only attended limited hours on Thurs-Sun (12pm-8pm)
-Laundromat turns down business for filming and wash/fold as seller does not have time anymore to run operations.
Broker of Records Jason Green
California License #01910934
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Asking Price : $325,000
2024 Net Profit : ~$65,000
*NO SELLER FINANCING AVAILABLE
**SBA WILL NOT LEND ON THIS DEAL
2024 Revenue Breakdown: 207,000
Self service - 157,000
Wash and Fold - 11,650
Delivery - 21,000
Baggage Drop - 3,450
Advertising Sales - 2,600
Filming/Location Rental - 11,300
Building:
9 years left on lease
$3,630 per month
2,500 sq ft
off street parking
Employees:
-1 employee (part time)
-$315 per week
-opens, closes, wash and fold, pickup and delivery
-owner involvement currently ~10hrs per week
Equipment:
Washers: 38 (all speed queen)
Dryers: 19 (all dexter)
POS system: Curbside and Square
Coin/Card: BOTH
*All Equipment is 4-8 years young
Value Add Opportunities:
-Laundromat is currently only open from 6am-9pm
-Laundromat only attended limited hours on Thurs-Sun (12pm-8pm)
-Laundromat turns down business for filming and wash/fold as seller does not have time anymore to run operations.
Broker of Records Jason Green
California License #01910934
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Employees
- 1
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $3,630.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2372271
- Listing Views
- 7860
Listing ID: 2372271 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Personal Product & Service Businesses for SaleCalifornia Coin Laundry & Laundromat Businesses for Sale
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