Laundromat for Sale Los Angeles VR Business Brokers





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Published on May 20, 2008

Please call 310-593-3111 or email VRRickCarlson@gmail.com for more details.

Seller Purchased 9 Months Ago For Similar Total, And Just Wants Investment+Leasehold Improvements To Recoup His Costs. Includes 94 State Of The Art Pos Card-Operated And Trackable Speedqueen Brand Washer And Dryers. Here's The Breakdown For Washers: 18 30lb-Ers Charged 3 Per Load. 2 80lb-Ers Charged 7.50 Per Load. 10 60lb-Ers Charged 5.60 Per Load. 20 Toploaders, Charged 1.50 Per Load. Here's The Breakdown For Dryers: 4 50lb-Ers Charged 0.50 Per 12 Minutes. 40 Standard Dryers Charged 0.25 Per 12 Minutes. 94 Total Pieces Of Equipment Included In The Sale Of The Business.

Selective Advantages Of This Laundromat Are Numerous And Include This Completely Customizable Point Of Sale Card Reading Solution That Enables The Owner/Operator To Dictate Exact Costs Of Each Transaction. Add Or Subtract According To Pricing Parameters That Fit Your Budget, The Cards Are Very Easy To Manipulate And Keep Track Of. Clients Visit This Particular Location And Drive From 20+ Miles Away Because Of It's Cleanliness And Bright And Airy Layout. This Isn't A Dingy Laundromat, And Is Priced Similar To Those That Are Newly Built. Laundromats Of Comparable Layouts, Cleanliness, Size (3666 Square Feet) Cost Well Over 1 Million To Buildout New. Here You Get A New Laundromat Feel With The Established Presence And Brand Development That Has Taken 4 Years To Create.

Employees Are Exceedingly Loyal, And Wish To Stay With New Owner. 3 Full Time Employees Help Run The Laundromat, And A Remote Security System That Has "Big Brother" Watching From Your Home Computer At All Times Allows The Current Owner Operator To Minimize His Time At This Location While He Pursues Other Business Interests. Income Streams Are Very Strong From Vending, Coin-Operated Video Games And Air Hockey, And From Sodas, Snack, And Laundry Supply Machines. Seller Owns All Machines Except Entertainment Video Games And The Air Hockey Table, Which Is Split 50/50 And Nets Around 500 Monthly.

No Fluff And Fold Service Is Offered Here, And There Is Plenty Of Room To Add These Services, And Would Yield An Additional 3K/Month Easily. Next Door There Is A Fitness And Gym Facility, And All Of Those Potential Clients Could Easily Be Marketed To While They Are Taking Care Of Their Workout, You Could Be Doing Their Laundry! Imagine The Profits! Open 7 Days From 6am To 10:30 PM\. Sales Have Grown Year Over Year Since The Facility Has Opened, However Data From Point Of Sale Is Only Available For The Previous 8 Months Since That Is When The Current Owner Took Over The Business. Current Owner Has A Long Term Business Assignment Overseas, Which Forces The Sale Of This Laundering Masterpiece.

40 Laundry Carts At A Cost Of 100 Each Included, Along With The Estimated Value Of Fixture, Furniture, And Equipment In The 600,000 Range. Plasmas Adorn The Walls, This Is Not Your Run Of The Mill Laundromat! Please Call For More Information. Visitation By Appointment Only With VR Broker, I Must Be Present When You Visit Per Seller's Request, He Does Not Want Employees To Be Aware Of The Sale Of The Business, So Discretion Is Mandatory.

Lease Is A Reasonable 6600 With Cam And There Is Plenty Of Parking In This Shopping Center Location. Initial Lease Is Up In 2014 And There Are -3- 5 Year Options Available, So Stability Is Key To This Sale As Well. Standard 3% Increase Per Year Means You Won't Be Paying Through The Nose With A Market Rate Escalation.

Pictures And Youtube Video Provided To Qualified Buyers Who Are Interested In A Quick Virtual Visit Prior To Planning Site Visit With Owner. Inquire If Interested.

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