Seller Financing Coin Laundry Market For Sale

Business description

A coin laundry convenience store combination is rare in today`s market, but an opportunity with favorable seller financing is even rarer. But that is the case with this South Los Angeles area location. This is the perfect opportunity for an owner operator who wants to take this profitable business to the next level. The coin laundry has over 50 pieces of well maintained equipment and is always busy with neighborhood users. The brightly lit convenience store has ample shelf and display space for a wide variety of ‘must have` products, and a full wall of refrigerated cases for a wide range of beverages and other high turnover refrigerated items. There is also a high volume water store too!

This is an ideal location; a busy thoroughfare street, free standing high visibility building, excellent parking. The long term lease provides the owner operator with stable rent conditions for the next 19 years with a fair market value purchase option.

Price Includes Convenience Market Inventory Estimated at $30,000.

Seller is willing to carry note with $120,000. down of the purchase price.

Seller Motivated and willing to offer 2 weeks training at 20 hours per week.

Property information

Real Estate:

Lease

Lease terms:

4,399 sq. ft.
Rent = $5,620/month

Other information

Support & training:

Seller will provide training for 2 weeks at 20 hours/week.

Trading hours:

M-F 7am-10pm; S-S 6:30am-10pm

Financing available:

Seller will provide financing for approved buyer.

Furniture / Fixtures value:

$186,000 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)