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BUSINESS FOR SALE - PROFILE #  40750156

Coin Laundry
Los Angeles County
Asking Price: $85,000   Down Payment: $85,000  
Gross Revenue: $58,000   Adj. Cash Flow*: $17,000  
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Executive Summary
NICE COIN LAUNDRY LOCATED IN BUSINESS AND RESDIDENTIAL AREA. LOCATTED IN STRIP CENTER IN MAJOR INTERSECTION. INSIDE COMPLETELY REFURBISHED.  CAN EASILY ADD FLUFF AND FOLD SERVICE AND SELL MISIC ITEMS PHONE CARDS, ETC. INTERIOR IS WELL MAINTIANED AND CLEAN. MANY APTS BEHIND COIN LAUNDRY.UTILITIES ANNUALY EXPENSES; ELECT. $3,250. GAS 7,900. WATER $3,500. INSURANCE $900. REPAIRS $1,000.

Acquisition Highlights

  • NICE COIN LAUNDRY LOCATED IN BUSINESS AND RESIDENTIAL AREA. PROPERTY LOCATED AT A MAJOR INTERSECTION. ANCHORED BY LIQUOR STORE, MARKET AND AN OTHER BUS. LONG ESTABLISHED COIN LAUNDRY. EASY OPERATION.
  • (1) COIN CHANGER.(1) SOAP DISPENSER. a) Top Load Washers: 11 units, Speed Queen Model: SWTT21 Yr: 2002/2004? $1.25 b) Front Load Washers: 6 units, 25-lb. Maytag (purchased 2007) $2.50 (energy efficient machine) c) Front Load Washers: 4 units, Speed Queen 30-lb. Model: SC27MD2U001, yr: 2002 $2.50 d) Front Load Washer: 1 unit, Speed Queen, Model: SC60BCFXU6001, yr: 2004 $4.50 e) Dryers: 11units, large-capacity, ADC Double-Stack Dryers, yr: older. $0.25: UTILITIES ANNUALLY EXPENSES; ELECT. $3,250. Gas $7,900. WATER $3,500. INSURANCE $900. REPAIRS $1,000.
  • Training Information:  2 DAYS
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1989 Inventory: $500
Furniture, Fixtures & Equipment: $30,000 Included
Lease/Rent: $2,000 Real Estate:
Building Sq Ft: 1200
    Total Assets Included in Sale: $55,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Tina Tang
Phone:  (714) 738-1546
Fax:  (714) 738-1535
E-mail:  tina@vr-fullerton.com 		VR Business Brokers - Fullerton, CA
1400 North Harbor Boulevard
Suite 615
Fullerton, CA 92835
www.vr-fullerton.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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