Coin Laundromat

Coin Laundromat

Available

$295,000.00

Listing Number :

 3694

Status :

Expired

Price :

$295000

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Area

1800

Description

This is a 1,800sqft. Coin laundry located very close to residential area, few churches and schools. There is a lot of foot traffic on this street. Seller claims there are 33x Washers and 22 x double Driers that are only 5 years old, 2 x Water heaters, 1 x Quarter Changing Machine1 x Detergent Vending Machine, 2 x TV, Security System, 2 x Coolers and some furniture.Vending machine brings in $600/m.
Seller claims: Gross Annual Income of $295000 and net income of $72000
Other expenses :
PG&E $2000/m, Water $1,800/m, Payroll $3,000/m.
This is a good business for owner operator.
3694
Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased: 2017
Business Type: Coin Laundromat
License(s) Required: Business
Hours of Operation: 8.00am-9.00pm/7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3694
Date Available: 04/24/2019
Reason For Sale: Other interest
Annual Total Revenue: 192000
Annual Net Income: 72000
Inventory:
Monthly Payroll: $3000/m
Lease Information
Base Rent: 5000+
Lease Expires: New Lease
Lease Option: New Lease
NNN:
 
Financing Information
Down Payment: 295000
Owner Will Carry:
Other Finance Terms:

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