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Coin Laundry with Great Lease for sale

Coin Laundry with Great Lease

Location: Los Angeles Area, California

Category: Dry Cleaning Laundry Businesses for sale

Asking price: $300,000.00

Description of the business for sale
Over 2,700 sq. ft. coin laundry in Lakewood / Paramount area which is great for this type of business. Unbelievably, this coin-op laundry has below market rent that is fixed for five years. And then a small increase that is fixed for another five years. Equipment are in good condition, a lot of potential to draw more customers with updated equipment. Parking lot is plenty and owner is finally retiring after running this business for last ten years. Financing may be available for qualified buyers with 50% down.

For more information, please contact James Jun at (310) 539-8300.

Support / Training provided by seller
Seller will provide training for 2 weeks at 20 hours/week.

Description of the facilities
2,740 sq. ft.
Rent = $3,300/month

  • By phone: 310-539-8300
  • Ask for: James Jun

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Business details

Business Team
Torrance, CA
Broker Co-op? yes

Listing Id: 87364
Reference Id: 2673
Year established: 1998
Employees: 1

Asking Price: $300,000.00
Revenue: $144,000.00
Annual Net: $53,000.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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