Coin Laundry & Bundle Service For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $256000
Net Profit / Cash Flow $72000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1987
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 10 hours per week following close of escrow
Reason for Sale Other interests
Description $72,000 Net Annual Income. $256,000+ Gross Annual Receipts. Established for over 25 years in a prime location in the San Fernando Valley. Almost all the machines are brand new and a lot of renovation has been done to the place. Very clean and conveniently located store right at a great corner strip mall with plenty of parking. Rent for this 3,000 s.f. facility is $3,720 with a 5 year lease and an additional 10 years option. Good books and records. Business hours are from 6 a.m. to 10 p.m. daily. There is almost $320,000 worth of furniture, fixtures, and equipment included in the purchase price. For more information, please contact Brian Rezvany at 818-342 5222 ext. 338, 818-987-5758
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