HS Listing ID-66317
Asking Price : $325,000
2024 Net Profit : ~$65,000
*NO SELLER FINANCING AVAILABLE
**SBA WILL NOT LEND ON THIS DEAL
2024 Revenue Breakdown: 207,000
Self service - 157,000
Wash and Fold - 11,650
Delivery - 21,000
Baggage Drop - 3,450
Advertising Sales - 2,600
Filming/Location Rental - 11,300
Building:
9 years left on lease
$3,630 per month
2,500 sq ft
off street parking
Employees:
-1 employee (part time)
-$315 per week
-opens, closes, wash and fold, pickup and delivery
-owner involvement currently ~10hrs per week
Equipment:
Washers: 38 (all speed queen)
Dryers: 19 (all dexter)
POS system: Curbside and Square
Coin/Card: BOTH
*All Equipment is 4-8 years young
Value Add Opportunities:
-Laundromat is currently only open from 6am-9pm
-Laundromat only attended limited hours on Thurs-Sun (12pm-8pm)
-Laundromat turns down business for filming and wash/fold as seller does not have time anymore to run operations.
Broker of Records Jason Green
California License #01910934
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2372271
