Coin Laundry w/Property 2 (La-90001)

Los Angeles, CA (Los Angeles County)

Coin Laundry w/Property 2 (La-90001)
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Asking Price: $5,200,000

Cash Flow: $481,000

Gross Revenue: $840,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: N/A

Coin Laundry w/Property 2 (La-90001)

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Business Description

https://www.kibomrealtor.com/coin-laundry-wproperty-2-la-90001.html
1. PLEASE COPY AND PASTE THE ABOVE LINK AND SUBMIT NDA.
YOU WILL GET THE PROPERTY ADDRESS INSTANTLY.
2. PLEASE VISIT THE LOCATION FIRST.
3. ASK QUESTIONS BY EMAIL ONLY

Do not talk to the owner and employees.
The photo may not be an actual photo of the business
No Co-op brokering.

Please visit first as a customer and ask questions via email only.
I am in so many cases with so many clients and I found the best way to do my job efficiently and effectively is to communicate in one place, email only.
That way I have a record of our communication.
Once my phone was renewed and all my text was gone since then, I don’t like to communicate by text.
Since I have so many listings I don't have all the answers to your questions and I need time to find out from the seller's side.
But I will respond because all my clients are important.
Thank you and I hope you understand

Building :5,578 SF
Lot : 12,966 Sf
Zoning : LAC-3

2021 Yearly Gross sale $840,000

Expenses Total $358,260

Property tax $37,500
Payroll $108,000 ( 5 ?)
Payroll tax $38,400
Electric $30,000
Gaas $43,200
Water $50,400 ( No Sewer charge)
Insurance $5,760
Mechanic $4,800
Repair $4,200
Vending $36,000

Yearly net income $481,740

1 - 1.2 M Down SBA Available ( Lender has all seller's docs)
?
?Do not talk to the owner and employees.
?If you talk to anybody at the store without arrangement, the seller will not sell to you.
?No Co-op brokering.
?The photo may not be an actual photo of the business.

Detailed Information

Location:
Los Angeles, CA
Business Website:
http://www.kibomrealtor.com/coin-laundry-wproperty-2-la-90001.html
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KI BOM KIM

Business Listed By:
KI BOM KIM

Credent Realty

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