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Listed by:

Best Laundry Brokers Inc.

Broker license number: 01001752

State Of The Art Laundromat In San Jose For Sale

San Jose, California - North, US
Asking Price:
$998,500 Furniture / Fixtures included
Sales Revenue:
$250K - $500K
Cash Flow:
$100K - $250K

Own this new, state of the art coin op laundry in a great area of San Jose. All of the equipment is brand new. The washers are all high high speed which cuts the dry time dramatically! All the washers and dryers , addition to quarters, have credit/debit and loyalty card readers on all the machines!
The location is excellent as there are over 36,875 people in a 1 mile radius with over 51% renters! In the 1.5 mile radius from the laundry there are over 68,000 people with over 42% renters!
The Lease is outstanding as it goes to April 2040 including the options! Great financing is also available to a qualified buyer.

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 state of the art coin op laundry is in an excellent location with great parking and visability.
This San Jose laundromat has all new equipment including all of the ancillary equipment. They offer both full service and self service.

Premises Details:

Size: 2497 sq. ft. in a well maintained strip shopping center.
Total number of industrial washers: 36
Total number of commercial dryers: 46

Size in square feet:
2497 sq.ft.

Business Operation

Expansion Potential:

There is tremendous potential to grow this business with effective promotions and advertising. Many local residents do not know this new laundry is open for business!

Competition / Market:

There are competitors a half mile away or further.

Reasons for selling:

Seller has moved out of state.

Trading hours:

7:00 AM to 9:00 PM

Employees:
3
Years established:
2021

Other Information

Support & training:

The seller or seller's employees or staff can provide training to the buyer to familiarize buyer with the business.

Financing available:

Institutional financing is available to a qualified buyer.

Listed by

Best Laundry Brokers Inc.

Broker license number: 01001752

Contact Best Laundry Brokers Inc.

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