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Asking Price$199,999
Revenue$175,000 EstablishedUndisclosed
Cash Flow$50,700 Employees2 full, 0 part
FF&E$8,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Busy Location In South Gate!  
Located In A Busy Shopping Center!  
Huge Facility With Some New Machines!
Building Size 7,000 Square Feet!
Has Over 100 Commercial Grade Equipment!
Includes 50 LBS And 80 LBS Washers!
Current Rent $4,900 Monthly!
New Owner Can Negotiate Rent With Landlord!
Landlord Has Agreed For Negotiation!
Seller Has A Medical Professional In Hospital! .
Currently Paying High Payroll.
Seller Has No Time To Manage!  
Currently Doing No Advertising Whatsoever!
Needs To Sell This Laundromat!

Currently 100% Absentee Ownership.
Seller Just Reduce The Price By $50K!
Owner Operates Will Reduce Payroll And Be Profitable!
Part New Machines Purchased in 2011!
Other Equipments About 5 Years Old!
Perfect For Family Run!
Landlord Has Agreed To Negotiate Rent!
20 Years Long Term Lease!
Opens 7 Days A Week From 6am - 10pm!
Lot Of Potential For Advertising & Marketing!

Location: South Gate, CA
Asking Price: $175,000  
Annual Gross: $125,000
Annual Net: $50,700
FF&E: $8,000
Owner Since: 2011  
Employees: 2 Part Time
Real Estate: Not Included
Reason For Sale: Family Issue Cannot Manage


Financing Provided By Pacific Premier Bank. Call BIZ Builder.Com For Complete Details!  Toll Free 1-800-727-2100 Option 1 [Real Estate Department].

BIZ Builder.Com
Facilities:Huge Facility 7,000 square feet. Busy Location.
Growth Potential:Currently 100% Absentee Ownership. Buyer should owner operates and cut down payroll to keep the profits.
Training/Support:Seller will provide support during Escrow!
Seller Financing:Possible.
Sale Reason:Family Issue. No Time To Manage
Ad #41163
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Contact This Seller
George L. Massalas
1-800-727-2100 x 1
Email Address