This is a 1,680 sq. ft. coin laundry located in a La Puente strip center. This laundromat boasts a nice selection of equipment and comes with two standard changers. Laundromat also includes extra storage space for parts and equipment in back of store. Lots of potential! This is an all cash business with a high return on investment! The benefits are: - Perfect Part-time/Retirement Business - Average 15%-25% cash-on-cash ROI - NO Inventory - NO Receivables - Excellent Tax Advantages - Virtually Recession-Resistant - High Re-Sale Demand - Turn-Key Business Typically requires 35%-50% down payment. Agent will provide greater detail about business.
Facilities
1680 SF Coin Laundry/Laundromat Business Hrs: 6AM to 10PM 20 Speed Queen SWT Top Load Washers 7 Speed Queen SC25 Front Load Washers 4 Huebsch HC27 Front Load Washers 4 Speed Queen 40lb. Front Load Washers 1 Huebsch 50lb. Front Load Washers 2 Speed Queen 60lb. Front Load Washers 16 Huebsch Single Pocket Dryers 3 Huebsch Stack Dryers 2 Speed Queen Stack Dryers
Growth / Expansion Pros and Cons
Opportunity to increase income with additional services and vend pricing adjustments.
Support/Training
No need for previous industry experience. No language requirements. This is a turn-key business. Brokers company offers free equipment service training.
Freehold or Leasehold :
Not Disclosed
Seller Financing :
Broker will provide financing of balance after down payment to qualified buyers.
Franchise opportunity :
Not Disclosed
Distressed business or bankruptcy :
Not Disclosed
Contact Person :
Phone :
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