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For Sale - Large Laundry - San Fernando Valley Area Thumb Image #1
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Chuck Post

PBI Laundry Consulting
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Description

**REDUCED PRICE** Price Now: $899,000 (Was $910,000) *Financial Profile: -The laundry Gross exceeds $550,000 with a Cash Flow exceeding $170,000. -Excellent Records are available -Financing is available. -Over 20 years of lease with options with good terms. -Laundry currently uses 3rd party for the large selection of vending. It is rare for a laundry to come on the market that offers a strong income, is in good condition and still has the amount of forward potential as this one. This 6,000 Sq. Ft. Laundry must be seen and discussed to realize the benefits it offers the hands on operator. This laundry, with all its success has been operated by two different absentee operators. While close attention has been paid to the basics and was very well built and branded, many revenue streams have not been developed. Opportunities are plentiful here. The laundry has a very good reputation. It has been featured in several movies and a lot of pride is taken in keeping it in top performance, always attended, clean and safe. There are 4 employees, both part time and full time. The laundry is always attended. The 3rd party vendor takes care of stocking and collecting most of the machines. There are only a few that are owned by the laundry itself. This can be reversed for considerable extra profits. There is also equipment mix changes that could also significantly increase the business income. The Fluff and Fold is operated as a convenience with very low revenues. There is also a possibility of agency business. If you are serious and looking for a terrific business, I recommend you consider this opportunity.
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Financials

$550,000
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Equipment Assets

No data provided.

Lease Details

No data provided.

Business Operations

No data provided.

Listing Disclaimer: The information on this listing has been provided by either the seller or thier business broker. Niche Media owner of LaundromatForSale.com has not verified any of the information on this page and assumes no responsibility for its accuracy or completeness. Interested parties are encouraged to contact the seller and/or the seller’s broker directly to conduct their own independent verification of this information.

Chuck Post Profile Pic

Chuck Post

PBI Laundry Consulting

With over 30 years of experience in the Laundry Industry; the experts at PBI Laundry Consulting can help guide you to success with your investment. Using PBI's proven services will save you time, reduce your risk and improve your income. PBI specializes in assisting those building, re-tooling, selling or buying coin laundries throughout the United States. We also offer other specialized services: Coin Laundry Valuations, Model Development, Expert Witness Service, Lease Negotiations, Due Diligence, Research and Promotions and more! PBI Laundry Consulting will work for you; Current Laundry Owner or the Laundry Buyer that is interested in purchasing or re-developing a laundry in a manner that is consistent with maximizing your income and the return of your investment. Contact us today. www.pbilaundry.com

Chuck Post's Other Featured Listings

Featured listing

For Sale - Laundry - San Diego

San Diego, San Diego County, California

Financial Profile: Stated Gross Sales = $220,000. Stated Expenses = $158,000. Stated Cash Flow = $62,000. Financing Availa...

Chuck Post Profile Pic
Chuck Post
PBI Laundry Consulting

$230,000

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