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#Business ID: 18236

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Huge Coin Operated Laundromat!

Business Location: South Gate, Los Angeles, California, United States

Asking Price: BUSINESS SOLD Revenue: $ 175,000 Cash Flow: not disclosed

Business Summary

Huge Coin Operated Laundromat With Long Term Lease!
Busy Location Huge Coin Op Laundromat 20 Years Long Lease – $199,999!

Primary Features:
* PRICE REDUCTION!
* Busy Location In South Gate!
* Located In A Busy Shopping Center!
* Huge Facility With Some New Machines!
* Building Size 7,000 Square Feet!
* Has Over 100 Commercial Grade Equipment!
* Includes 50 LBS And 80 LBS Washers!
* Current Rent $4,900 Monthly!
* New Owner Can Negotiate Rent With Landlord!
* Landlord Has Agreed For Negotiation!
* Seller Has A Medical Professional In Hospital! .
* Currently Paying High Payroll.
* Seller Has No Time To Manage!
* Currently Doing No Advertising Whatsoever!
* Needs To Sell This Laundromat!

Benefits:
* Currently 100% Absentee Ownership.
* Seller Just Reduce The Price By $50K!
* Owner Operates Will Reduce Payroll And Be Profitable!
* Part New Machines Purchased in 2011!
* Other Equipments About 5 Years Old!
* Perfect For Family Run!
* Landlord Has Agreed To Negotiate Rent!
* 20 Years Long Term Lease!
* Opens 7 Days A Week From 6am – 10pm!
* Lot Of Potential For Advertising & Marketing!

Financials:
* Annual Net: $50,700
* Owner Since: 2011
* Real Estate: Not Included

BIZ Analysis / Recommendations:
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].

Property Details

Property Type:

Lease

FF&E:

$ 8,000

Business Operation Details

Employees:

2 PT

Miscellaneous Details

Reason For Selling:

Family Issue Cannot Manage.

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