Coin Laundry-Owner Absentee

Alameda County, CA

Coin Laundry-Owner Absentee
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Asking Price: $155,000

Cash Flow: $46,000

Gross Revenue: $159,230


FF&E: $0

Inventory: N/A

Established: N/A

Coin Laundry-Owner Absentee

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Business Description

Owner Absentee.Owner Absentee. Laundromat with Wash & Fold service is located on a very busy commercial street. Seller claims revenue $159,230, net income about $46,010 in 2019.

some Brand New machines have been installed and plumbing upgrade that cost total $87,575.

Owner's job to go there to collect money once a week.

About 1000 sf, rent $2,100 including CAM. Lease will be expired in 2024. 5% of annual increase. Open 7:00am to 10:00pm, 7 days a week.

During Covid-19, revenue about $9,000 to $10,000 per month. One employee who works 4 days a week for wash & fold service currently. They provide dry cleaning service as well.

There is one office for the employee to work.

Seller installed 14 brand new Dexter machines and new plumbing in 2018. 9 new washer and 5 new dryer. 2 changer, one soap dispenser. Credit card machine, membership card available. POS system, Lock box and Mini safe available.

18 Washer
1- 60lbs--new, Dexter
4- 40lbz--new Dexter
6- 30lbs--4 new Dexter & Wascomat
4- 20lb Wascomat
3- 15lbs Top Load Speed queen

25 Dryer
1- 80lbs-new Dexter
4- 50lbs-new Dexter
20- 40lbs Maytag & ADC

2- changer
1 - POS System
1 - Camera system
1 - Credit card system
1- Commercial boiler
Lock box
Mini safe

If interested and financially qualified, contact with me for details, thanks.

Detailed Information

Alameda County, CA
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shifang Sun

Business Listed By:
shifang Sun

Alliance Bay Realty

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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