Coin Operated Laundry with Absentee Owner – Profitable!

Business for Sale Overview

Business Types: Coin Laundry

Business Location: Los Angeles, California

Asking Price: $399,000

Gross Income: $240,000 +/-

Cash Flow: $84,000 +/-

FF&E: TBD

Inventory: TBD

Real Estate: Lease

Year Established: 1987

Employees: 2 FT

Business for Sale Description

30 Years in operation and going strong! Absentee Owner! Currently run by 2 full time employees. 3000 sq ft with long term lease in place with great, low rent. 44 washers total- 31 front load and 18 top load. 44 dryers. Excellent maintenance records, all equipment in working condition. Located in a very busy part of Los Angeles near LAX. Make offer!

Detailed Business for Sale Information

Facilities: 3,000 sq. ft. +/- 17 years left on the lease. Low rent. Easy parking.

Competition: Lots of competition in the area. This business has held its own for over 30 years in the same location.

Growth/Expansion: Plenty of ways to grow this business by adding like-type services.

Financing: Some financing may be possible to qualified buyer.

Support/Training: 2 weeks, 10 hours per week training or as negotiated.

Reason for Selling: Other business interests.

About Brenda the Business Broker

Brenda Bernhard, Brenda the Broker, is a Los Angeles Certified Business Broker (CBB) with years of experience in business buying, business selling, and business consulting services. Brenda the Broker is based in Los Angeles and helps clients with businesses for sale locally, nationally, and globally.

Inquire About This Business for Sale