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Listed by:

Best Laundry Brokers Inc.

Broker license number: 01001752

Hi Volume Coin Laundry! In San Francisco County For Sale

San Francisco County, California - North, US
Asking Price:
$775,000 Furniture / Fixtures included
Sales Revenue:
$361,500
Cash Flow:
$136,500

Top Quality Hi Volume Coin OP Laundry! Great Demographics & Location!

This High Volume San Francisco Laundromat has recently been updated and improved. The location has great demographics for both self service and full service laundry. The equipment is well maintained and the Coin Laundry is professionally cleaned daily by a janitorial company. The seller has no employees but uses the janitorial company for not only professional cleaning but also to close the laundry after the last customer leaves. The laundry has "Auto Locks" so that it opens automatically every morning. The Coin Laundry has no website even though the average monthly gross income over the past 12 months is over $30,000.! This is a great opportunity for a more 'hands on' owner operator.

A non disclosure agreement is required before giving the address, additional income and expense details. See the attached non disclosure agreement.

This is a great part-time business for people from all walks of life wishing to supplement their income. Self service laundries historically perform very well during recessionary times! Call or email for more information.

Property Information

Real Estate:

Lease

Location:

This 2160 sq. ft. coin op laundry has good off street parking, excellent visibility and is on a major 4 lane road. This laundry is located in a very desirable part of San Francisco. The demographics are outstanding for both self service and full service laundry.

Premises Details:

The laundry has a mixture of both newer and older equipment with all of the equipment in good repair. This laundry also has a long term lease into 2030 plus one 5 year option to renew the lease.
Total commercial washers: 36
Total commercial dryers: 42

Size in square feet:
2,160 sq. ft.

Business Operation

Expansion Potential:

There is exceptional opportunities to grow both the existing self service laundry but also start a full service laundry. The demographics are excellent for both of these services. With effective advertising both digital and paper plus adding an attractive website (there is no website!) can boost sales substantially.

Competition / Market:

This is the best coin laundry in this immediate area. There are good laundromats further away but none nearby.

Reasons for selling:

The owner lives in Eastern Contra Costa County. The owner is only selling due to the distance required for proper management.

Trading hours:

5:00 AM to 10:00 PM

Employees:
None Seller uses a professional janitorial company to provide daily cleaning plus they close the laundry once the last customer leaves.
Years established:
2003

Other Information

Support & training:

The seller will provide training and support, to the best of the seller's knowledge and ability to familiarize buyer with all aspects of the laundry's operations.

Financing available:

Call

Related Documents:

Contact Best Laundry Brokers Inc.

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