Established Laundromat in Great Location

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Portland: 503-233-5505
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
IR11487 - Dry Cleaning and Laundry

Location:
Southern California - San Diego County

Established Laundromat in Great Location

Business Description:

Great opportunity to own an established laundromat located in an outdoor Strip Center within walking distance to apartments and condominiums. Solid anchor tenant and food franchise bring lots of activity to the location. No competition within the immediate area, the owner has owned for four years ready to move on to other opportunities. Over 2,000 square feet of space with room for upgrade for improvement. Stable lease offering the opportunity to increase revenue. Can be absentee with upgrade machines to card system and part time staff. Asset Sale with the opportunity for the right buyer to bring value. Seller is open to seller financing, all equipment is owned!


Asking Price: $149,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

3 Months Ended

6/30/2024

$73,908
(Sales)

$7,614
(Adjusted Cash Flow)

12 Months Ended

12/31/2023

$141,682
(Sales)

$1,930
(Adjusted Cash Flow)

12 Months Ended

12/31/2022

$134,864
(Sales)

($1,473)
(Adjusted Cash Flow)

12 Months Ended

12/31/2021

$135,077
(Sales)

($9,837)
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 0
Owners 0 1

Hours of Operation
6am-9:30pm, closed on Mondays

Licenses Required:

  • city business license

Lease

Monthly Rent Including NNN:
$3,677

Expires:
12/31/2030

Option:
For 5 years

Size(sq.ft.):
2,100

Miscellaneous

Type of Organization:
LLC

Reason for Sale:
Pursue Other Interests

Training:
4 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Portland: 503-233-5505
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.