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Price: $125,000

Location: San Fernando Valley

Industry: Laundromats and Coin Laundry

Listing ID: SBB012

Listing Status:

Description

ESTABLISHED COIN-OP LAUNDRY BUSINESS FOR SALE ONLY $125,000. OWNER READY TO RETIRE!!! BUSINESS SALE WITH ALL FIXTURES FURNITURE AND EQUIPMENT AS IS CONDITION!!! GOOD LOCATION.

Central Los Angeles County Location. The Coin Operated Business was Established in 1964, current owner since 2009. The Facility Consists of Approximately 1,500+/- Square Feet Located Within a small Strip Shopping Center on a High Traffic Street Anchored by a liquor store and bar. This is dynamic San Fernando Valley Location with lots apartments and new construction. Base Rent is $2,800 per Month NNN with 1 Year Left on the Current Lease. Lease Assignment is available should you want to take over the business. There are 32 Washing Machines and 20 Dryers. Minimal Competition Nearby.

CALL MIKE DIRECTLY (818) 480-2942. THIS IS THE SALE OF All THE FURNITURE, FIXTURES, AND EQUIPMENT ONLY. NEW FRONT DOORS. NEW LOCKING SYSTEM.

LISTING DETAILS

Total Sales: $90,000

Inventory Included: No

Operation

Year Established: 1964

Year of last Acquisition: 2009

Lease Option: Yes

Location

Real Estate Included: No

Monthly Rent:

Square Footage: 1500

Summary

Facilities Information:

The Facility Consists of Approximately 1,500+/- Square Feet Located Within a small Strip Shopping Center on a High Traffic Street Anchored by a liquor store and bar. This is dynamic San Fernando Valley Location with lots apartments and new construction. Base Rent is $2,800 per Month NNN with 1 Year Left on the Current Lease. Lease Assignment is available should you want to take over the business. There are 32 Washing Machines and 20 Dryers.

Reason For Sale:

OWNER READY TO RETIRE!!!

Training & Support:

The current owner is willing to provide a reasonable transition period to ensure a smooth ownership transfer.

Competition:

Some Competition nearby

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

John Shamoun

John Shamoun