Laundromat
Location: California > Los Angeles County > Los Angeles
Industry: Personal > Coin Laundry
Financials
Asking Price: $375,000
Gross Revenue: $204,580
Cash Flow: $72,000
FF&E: $250,000 (Included in Asking Price)
Business Summary
New Boiler purchased in 2006 13K, CC TV security system, A Television, One Soda Machine, Also on percentage not owned are Video Games, Toy machine and a candy machine. This Laundromat is a good money maker that has been established for over 10 years in an area of Los Angeles where people do need this type of business. The building size is 2900 sq. ft. The disposable income is 72,000 after paying for a part time employee about 10,000 per year. It would be a good idea to invest in an automatic door opening and closing system and reduce the employee’s cost to ½ or nothing. The owner wants to go back to his country and it may be your chance to purchase a decently price Laundromat. For more information, please visit www.SunbeltCa.com print complete and fax a Confidentiality form to (818) 668 8597 and contact Alan Kliff at (818) 448-5623.
About the Business
Year Established: 2005
Employees: 1 part time
About the Sale
Management Training and Support: 2 weeks at 20 hours per week following the close of escrow.
Reason For Selling: Going back to his country.
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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. Please review the full Disclaimer here.
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