10 Years Of Establishment Coin-OP Laundry For Sale!

Oxnard, CA (Ventura County)

Coin-OP Laundry
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Asking Price: $245,000

Cash Flow: $65,000

Gross Revenue: $242,000

EBITDA: $65,000

FF&E: $0

Inventory: N/A

Rent: $6,990 per Month

Established: 2010

10 Years Of Establishment Coin-OP Laundry For Sale!

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Business Description

PRICE REDUCED FOR QUICK SALE! An opportunity to buy very well-established and profitable Coin-OP laundry in Oxnard, California.
The business is located in one of the busiest areas of Oxnard. Perfect business for owner-operator and do not require any special skills.
The coin-op laundry business has developed into one of the most reliable ends efficient sources of revenue for many investors & entrepreneurs with no skills required.
Automated Laundry Systems has been the premier constructor of state-of-the-art innovative laundromats throughout California for more than two decades.
NOTE: SIGNED NDA AND PROOF OF FUNDS ARE REQUIRED TO VISIT THE LOCATION AND GET THE FULL FINANCIAL PACKAGE.
Quick Closing Price: $245,000
Net Operating Income: $65,000
Lease Left: 1 1/2 Year with 10 years of option to renew. (Seller recommends negotiating a new lease)
SQ FT: 2705
Rent: $6990 plus Triple Net (New lease can be negotiated with reduced rent)

The financial information was supplied by the seller and has not been verified and will not be verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Detailed Information

Location:
Oxnard, CA
Real Estate:
Leased
Building SF:
2,705
Lease Expiration:
12/31/2021
Employees:
0
Financing:
10 year option to renew.
Support & Training:
The owner will arrange the training during the escrow.
Reason for Selling:
Out of area and retired.
Business Website:
http://www.lemaracommercial.com
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(from currently available funds)
 
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AJ Rana, MBA

Business Listed By:
AJ Rana, MBA

Lemara Commercial

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