Laundromat for sale

Huntington Park, CA (Los Angeles County)

Laundromat for sale
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Asking Price: $255,000

Cash Flow: $160,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: N/A

Established: 2004

Laundromat for sale

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Business Description

Coin laundry

This is a family business. Laundry with 79 machines and 44 dryers. Picture attached. Owner motivated to sell. Machines are mixed age. The owner purchased and operated this business for about 15 years with 2 part time employees. We purchased this business to enjoy flexible work schedule. Now, the owner wants to sell due to family obligations.

Business hours are 6:00 am to 10:30 pm. It can be changed to new owner's preference to promote the business. Laundry has a timer controlled door system to unlock at 6:00 am and to lock at 10:00 pm.

Detailed Information

Location:
Huntington Park, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
N/A
Employees:
2
Facilities:
3200 sqft laundry which includes 79 washers , 44 dryers , soda, snack and soap vending machines. Washers are mixed age, dryers are newer.This is in a shopping center with plenty of parking.
Growth & Expansion:
Located in a residential area with a lot of apartment residents. Additional business like alterations, drop off laundry can be added.
Support & Training:
Seller willing to assist and train new owner for 1 month.
Reason for Selling:
Family obligations
Contact

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Business Listed By:
Sailesh Pokal

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Ad#:1922265

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