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BUSINESS FOR SALE - PROFILE #  01981375

Coin Laundry Newly Remodeled Est 25yrs Owner Carry
LA/ORANGE COUNTY BORDER
Asking Price: $140,000   Down Payment: $70,000  
Gross Revenue: $72,000   Adj. Cash Flow*: $34,800  
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Executive Summary
NEWLY REMODLED COIN LAUNDRY WITH CAMERA SYSTEM, ALARM & AUTOMATIC DOOR LOCKS, LAUNDRY ESTABLISHED OVER 25 YEARS HAS LITTLE COMPETITION & LOW RENT THIS IS A GREAT OPPRORTUNITY FOR A OWNER OPERATOR. SELLER MUST SELL DUE TO RECENTLY DIAGNOSE WITH A SERIOUS ILLNESS. SELLER MAY CARRY A NOTE WITH 50% DOWN 12 DOUBLE-STACK 30LB DRYERS ( 10 ARE 7 YRS OLD, AND 2 ARE 3 YRS OLD),14 SPEED QUEEN TOP LOAD WASHERS ( BRAND NEW) 4 DEXTER 20LB FRONT LOAD WASHERS ( 3 YRS OLD), 3 DEXTER 30LB FRONTLOAD ( 7 YRS OLD ),DEXTER 40LB FRONTLOAD WASHERS ( 7 YRS OLD),2 DEXTER 60LB FRONTLOAD WASHERS (7YRS OLD ) 5 LAUNDRY CARTS, 1 MONEY CHANGER, 1SOAP VENDING,1 TELEVISION(DTV), 1CAMERA SYSTEM,    1COMMERCIAL BOILER 400K BTU RAYTHEON WATER HEATER. EXPENSES: ELECTRIC 400, GAS 700, WATER 600 REPAIR 100,TRASH 130, INS 150

Acquisition Highlights

  • Seller just installed 14 new Speed Queen Top Loader Washers, newly remodeled with fresh paint, etc. security system with automatic doors in place, has 400k btu Raytheon water heater. Call for full list of FF&E.
  • Seller just installed 14 new Speed Queen Top Loader Washers, newly remodeled with fresh paint, etc. security system with automatic doors in place, has 400k btu Raytheon water heater. Call for full list of FF&E.
  • Established 25 years.
  • Financing Information:  Owner may carry $70K for 60 months at 6%
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1984 Inventory: $150 Included
Furniture, Fixtures & Equipment:
Lease/Rent: $1,050 Real Estate:
Building Sq Ft: 1200
    Total Assets Included in Sale: $150
 
* 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:  Ladonna McClellan
Phone:  (562) 402-2686
Fax:  (562) 809-3398
Other:  (323) 298-4849
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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