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VR Business Brokers - Artesia, CA
17100 Pioneer Boulevard
Suite 195
Artesia, CA 90701-5414
(562) 402-2686
www.bizbizbiz.com
javiervrbb@gmail.com
 

VR Business Brokers - Artesia, CA

17100 Pioneer Boulevard
Suite 195
Artesia, CA 90701-5414
(562) 402-2686
www.bizbizbiz.com
javiervrbb@gmail.com

Business Listing Details

LISTING#:
01984668JRWL

E0100: Cleaning Operations
Coin Laundromat Hi Density Area New Machines!
LOCATION: Freeway 110 & 10 Area
  
ASKING
PRICE

$350,000
AMOUNT
DOWN

$350,000
REVENUES:
  
$482,400
DISCRETIONARY
EARNINGS

$83,160
TOTAL
ASSETS

$800,000
The Laundromat is located in a high densely populated area of Los Angeles with the machines only 6 years old. The spacious open layout provides a comfortable washing experience for a day of washing with many granite folding areas for customer convenience, snack and soda vending machines, soap vending machines, two coin changers, an ATM machine, 3 large flat screen TV”s, and many game machines keeping the kids occupied. The owners have decided to offer the Laundromat for sale early to peruse other plans, this is an excellent opportunity to purchase a Laundromat in great condition with new machines and good income with potential to do much more, new owner can still increase the income by adding other profit centers such water machine, fluff & fold, developing pickup and drop-off service to the hotels in the area, opening 24 hours, and developing some creative marketing the current owner hasn't done any advertising.  Equipment  14- Top loaders, 13- 25 lbs, 18- 40 lbs, 10- 55 lbs, 2- 75 lbs, 2- 90 lbs, 70- 30 lbs dryers, 5- 50 lbs dryers, 7- game and arcades machine 40% return, 3- Massage chairs 60% return, 2- Vending machines rental $205/month, 2- Vending machines Own, and 1-ATM machine 50 cents @ transaction. With new equipment new owner will have many years of maintenance free operation 59 washers and 75 dryers, call me today this one will go quick.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.

Contact:  Javier Ruiz
Phone:  (562) 402-2686
Cell:  (714) 225-7989
E-Mail:  javiervrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Boulevard
Suite 195
Artesia, CA 90701-5414
www.bizbizbiz.com
Listing Number:  01984668JRWL