- Advert ID: 635485
- (Seller ref: 2673)
Coin Laundry with Great Lease For Sale
- Location:
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Summary
- Asking price:
- $300,000 (Furniture / Fixtures included)
- Sales revenue:
- $144,000
- Net profit:
- $53,000
- Years established:
- 1998
- Employees:
- 1
Business description
Over 2,700 sq. ft. coin laundry in Lakewood / Paramount area which is great for this type of business. Unbelievably, this coin-op laundry has below market rent that is fixed for five years. And then a small increase that is fixed for another five years. Equipment are in good condition, a lot of potential to draw more customers with updated equipment. Parking lot is plenty and owner is finally retiring after running this business for last ten years. Financing may be available for qualified buyers with 50% down.
Property information
- Real Estate:
- Lease
- Lease terms:
- 2,740 sq. ft.
Rent = $3,300/month
Other information
- Support & training:
- Seller will provide training for 2 weeks at 20 hours/week.
- Reasons for selling:
- Retirement
- Furniture / Fixtures value:
- $100,000 (included in the asking price)
- Inventory / Stock value:
- $10,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
related resources
Post your comments and questions in the Forum >>
View all the resources you need to get through the buying process in Don't Dream It. Do It. >>
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