Successful & Well Managed Coin Op Laundry! Great Area!

Sacramento, CA (Sacramento County)

Sacramento Self Service Coin Op
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Asking Price: $75,000

Cash Flow: $12,465

Gross Revenue: $72,995

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 1968

Successful & Well Managed Coin Op Laundry! Great Area!

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Business Description

This successful Sacramento Coin Laundry has a good reputation and is well managed. The Seller had renovated the laundry in 2016 and 2017 with lots of high quality new commercial washers and dryers.
NOTE: This self service coin op laundry is to be sold together with the Seller's other Sacramento coin op laundry listed at $245,000.
Institutional financing is possible OAC for both laundromats.

This is a great part-time business for people from all walks of life wishing to supplement their income. Self service laundries historically perform very well during recessionary times! Call or email for more information. A non disclosure agreement is required before giving the address, additional income and expense details.

Attached Documents


Detailed Information

Location:
Sacramento, CA
Employees:
One
Facilities:
This Sacramento laundromat was recently renovated along with lots of high quality new commercial laundry equipment! It is located in a small strip shopping center with excellent parking. Total number of commercial washers: 28 Total number of commercial dryers: 17
Competition:
There is nearby competition however this coin op laundry has a good reputation and is busy despite the nearby competition.
Growth & Expansion:
There is good potential to grow this business with effective promotions. Additionally, the demographics in this area are good for adding full service laundry in addition to the self service.
Support & Training:
The seller will provide training to the buyer, during escrow, to familiarize the buyer with all aspects of this business to the best of the seller's knowledge and ability.
Reason for Selling:
Seller is retiring
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(from currently available funds)
 
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George Morgan

Business Listed By:
George Morgan

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