Clean Coin Laundry
Location: United States -> California -> Southern California – All Southern California -> Santa Maria
Industry: Business Services > Laundry
Businesses for sale Summary
Full time income with part time effort can be yours with this clean, profitable, coin laundry located in Guadalupe CA, minutes from Santa Maria, San Luis Obispo and other metro centers. This 2,700 square foot supports 50 washers and 34 double stack dryers, many of which are new, and owner owned vending machines for snacks and drinks. This location is ideal; on the busy main street corner, that connects centers to the south and north; a freestanding high visibility building; excellent parking. There is a wide bulk soap and fluff and fold counter, business segments that a new owner could grow and the long-term lease provides the owner operator with stable rent conditions for the next 14 years with a first right of refusal purchase option on the building.
The seller is relocating, but will train the new owner, and the part time help is willing to stay with the new owner as well. This is a perfect opportunity for an owner operator or a retiree on the Gold coast who wants income without a full time job. Email or call Peter Patel at 310-539-8300 for more information on this Coin Laundry business for sale.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $151,000
Cash Flow: $55,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1999
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Selller will provide training.
Reason For Selling: Retirement.
