Loundromat

Loundromat

Available

$230,000.00

  • Star Laundry 1
  • star Laundry 2
  • Star Laundry 4
  • Star laundry 3

Listing Number :

 4009

Status :

Available

Price :

$230000

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Description

Well established Laundromat with the same owner for the pass 15 x years.  It is located in a Plaza with many anchor stores and shops with plenty of parking around it.

List of Machines in this store; 20 x Small washer 1 x Load (about 4 lbs.) and charge $2.50.  The8 x Medium Washer 2 x Load (6 lbs.), charge $3.50. The 7 x Large Washer 3 x Load (11lbs) charge $6.00. There are 26 x Dryers. 2 x Large Size Dryers (American Dryer Corp ADC). The machines are Continental.

There is 1 x Soap Vending machine

There is also a storage Room that currently is not being used. The new owner can rent that space for minor alteration or offer his clients for folding their  clothes for a fee! All equipment are included in asking price.

This business was operating from 7am-10pm 7 x days a week. Now the hours of operation has been reduced to 7am-8pm due to Covid 19 restriction. Rent is only $4,000 for this place and Lease expires 2025 with 1 x 10 years option.

for more information please call the agent; Azeta Towfighi @916-521-7390

#4009

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established: 2005
Year Purchased: 2005
Business Type: Laundromat
License(s) Required: business
Hours of Operation: 7 am- 8 pm/ 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 4009
Date Available: 12/10/2020
Reason For Sale: Retiring
Annual Total Revenue:
Annual Net Income:
Inventory:
Monthly Payroll: 0.0
Lease Information
Base Rent: 4000
Lease Expires: 2025
Lease Option: 1 x 10 years option
NNN:
 
Financing Information
Down Payment: 230000
Owner Will Carry:
Other Finance Terms:

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