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BUSINESS FOR SALE - PROFILE #  01981024

Coin Laundry & Dry Cleaner Service For Sale
South LA County
Asking Price: $297,000   Down Payment: $175,000  
Gross Revenue: $266,500   Adj. Cash Flow*: $64,500  
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Executive Summary
Coin-op laundromat AND full-service dry cleaning agency. *** 100% HELP RUN *** SELLER WILLING TO CARRY AND/OR TRANSFER ASSUMABLE LOANS  *** GREAT BOOKS***Arguably the nicest laundry at the beach. Many people WISH they could own a coin laundry like this, especially at this location!!!  Has strip center parking. Only 4 owners since inception 60 years ago!!  Many fantastic long-term, loyal customers.  Hurry.  This will go fast.
Offers some of the largest coin operated machines in the city, and offers wash-n-fold service. Not your typical coin laundry location. Not your typical coin laundry clientele. High end customer base with VERY little competition. Main customer base is: local bungalow (home) owners, college students, boaters from 3 local harbors, convention center stage-hands, etc.  Seller remodeled and replaced all equipment in 2006 (approx. value of $206,000.) Full equipment list on file.  HUGE PRICE REDUCTION - SELLER MOTIVATED.

 

   

     

       

         

           

Acquisition Highlights

  • Offers some of the largest coin operated machines in the city, and offers wash-n-fold service. Not your typical coin laundry location.Not your typical coin laundry clientele.
  • Specifics of assumable loans are on file with Listing Agent.
  • Seller remodeled and replaced all equipment in 2006 (approx. value of $206,000.) Full equipment list on file.
  • Financing Information:  Combination of
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1946 Inventory: $5,000
Employees: 4 PT Furniture, Fixtures & Equipment: $240,000 Included
Lease/Rent: $5,905 Real Estate:
Building Sq Ft: 1500
    Total Assets Included in Sale: $240,000
 
* 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:  Daniel Reback
Phone:  (562) 402-2686 x 123
Fax:  (562) 809-3398
Other:  (562) 230-1580
E-mail:  vr@BizBizBiz.com 		VR Business Brokers - Artesia, CA
17100 Pioneer Boulevard
Suite 195
Artesia, CA 90701-5414
www.bizbizbiz.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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