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#Business ID: 18237

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Warm Friendly Designed Laundromat Norwalk!

Business Location: Los Angeles, California, United States

Asking Price: BUSINESS SOLD Revenue: $ 140,000 Cash Flow: not disclosed

Business Summary

Clean & Friendly Atmosphere Coin Op Laundromat!
High Potential For Triple Revenue Laundromat Norwalk Available – $149,995!

Primary Features:
* Laundromats Deliver Great Results Including Substantial ROI!
* A High Success Rate And Ease Of Management!
* Originally Designed And Built In 1989 By PWS, The Commercial Laundry Industry Guru!
* Located In A Densely Populated Area!
* High Visibility!
* Extremely Strong Repeated Customer Business!
* Facility About 2,500 Square Feet!
* 100 Parking Space At Location And 5 Exclusive Spaces!
* Very Bright Facility, Very Cheery And Friendly Atmosphere!
* Competition In The Area Is Very Light To None!
* Very Clean And Well-maintained Facility With Huge Office And Storage Space!
* Attendant Quarters Are Also Available In Facility!
* Open 7 Days 5:30am – 11pm!

Benefits:
* 100% Absentee Owner!
* Very high volume of ALL CASH revenue!
* All Cash Revenue Business!
* No Franchise Fees!
* High Return On Investment!
* No Accounts Receivable!
* Low Cost Of Labor!
* Minimal Inventory Concerns!
* No Spoilage Factors!
* NOW is a GREAT time to buy this business!
* Because Coin Laundries Perform Exceptionally Well!
* Especially During Economic Down Turns Based On Historic Statistics!
* NOW Is The Time To ACT!
* This Laundromat Has High Potential For Triple Revenue Increase,
* If New Owner Can Devote More Time And Marketing Effort Into This Business!
* Additional Promotions Will Definitely Attract A Lot More New Customers!
* Seller Has Very Solid Financial Statement For Serious Buyers!

Financials:
* Machinery Value: $208,000
* Seller Finance: Possible

BIZ Analysis / Recommendations:
This Business Is Currently Off Market!

Property Details

Years Established:

1989

Property Type:

Lease

FF&E:

$ 50,000

Miscellaneous Details

Financing Available:

Yes

Reason For Selling:

Multiple Back Surgeries.

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