Coin Laundromat

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 Machine, 1 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

PG&E $2000/m, Water $1,800/m, Payroll $3,000/m.

This is a good business for owner operator.

3694