Laundromat in Great Location with potential to grow more.

San Francisco County, CA

Laundromat in Great Location with potential to grow more.
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Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: $160,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 2019

Laundromat in Great Location with potential to grow more.

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Business Description

Potential to make more money by reinstating the wash and fold and extending the operation hours. Centrally Located amongst apartments that utilize the laundromat. With full price offer, seller will credit the buyer $25,000 toward renovation.  The store has been purchased in 2019 with 2 x employees and payroll of $1,158 a month. There are 30 x Dryers and 26 x Washers to be used. Base Rent is $5,000 a month. Lease expires 2024 with 1 x 10 years options. Hours of Operation: (7 am- 8 pm) 7 x days a week. List and Brand name of washers and dryers are as follow:

DRYERS;

8 Speed queen 30 lb Double Gas Dryer
4 Speed queen 30 lb Double Gas Dryer
1 Speed queen 30 lb Double Gas Dryer
2 Huebsch 30 lb Stack Dryer Coin Drop NAT Gas 100-120/50-60/1 Stainless Front Model.

WASHERS;

3 HUEBSCH - 60 lb Coin OP Washer Galaxy  600 200-240/50-60/1-1
3 HUEBSCH -40 lb Coin OP Washer  Galaxy 600 200-240/50-60/1-3
3 HUEBSCH -30 lb Coin OP Washer Galaxy 600 200-240/50-60/1-3
2 HUEBSCH -20 lb Coin OP Washer Galaxy 600 200-240/50-60/1-3
6 Speed Queen Horizon 22 lb model SFNNCASP 115N01  about 2015  warranty for the computer board about 1 year left.
4 Wascomat 18 lb W75
1 Speed Queen 30 lb model SC30bc2yu60001
1 Speed Queen 40 lb model SCn040jcfxu2001
1 Huebsch 40 lb washer model number and year unknow
2 Wascomat w185 50lb washer model and year unknow

Detailed Information

Location:
San Francisco County, CA
Employees:
2 X p.t.
Reason for Selling:
Buying another one closer to his resident in Concord.
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(from currently available funds)
 
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Matt Sadati

Business Listed By:
Matt Sadati

Liberty Business Advisors of San Francisco Inc.

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