It is critical to get and to keep your lease in line with the operating model that is intended for your laundry. The listing agent for these homes has added a Coming Soon note to alert buyers in advance. Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. Exciting opportunity, contact us to learn more. Long-term lease. A densely populated area surrounds the business with the perfect demographics for a coin laundry to flourish, very well-maintained equipment, and displaying pride of ownership. While many laundries fell back during COVID, this laundry continued its growth. For Sale : Coin Laundromat - Est 20 Years, In Shopping Center Status: Active Posting ID: 278401 1/20/23 562-402-2686 Call Share Save $350,000 Asking Price Description This coin laundromat is open 24 hours with a great location in a shopping center with unlimited parking on a major intersection, good visibility, and easy in & out access. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. Be your own Boss. The indoor-outdoor boutique with stellar freeway access to everywhere from Downtown to Pasadena and the San Fernando Valley. Great Money Making Coin Laundry + Property in E. LA. Santa Rosa, CA - Coin Laundry. It is a consistent money maker. He & others explain why this concept is so important for buyers especially in the laundry business. The most Orange County, Over 8,697 Businesses For Sale Totaling $4,877,985,958 More Laundromat For Sale New equipment, new plumbing, new electrical with revenue continuing to ramp up. Stated Expenses = $158,000. This laundry is always busy. County is sometimes kept confidential for business listings, Stride Ally Business- A Professionally Licensed Business Sale, M&A, The #1 Marketplace for selling your business online. USED TO GROSS OVER 40K BEFORE PANDEMIC. The center is busy, with many popular restaurants and entertainment related businesses. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Absentee Run coin laundry with employee for sale in East Los Angeles, CA. Great parking. Serving California laundry owners and investors, I am afforded the opportunity to see and analyze why various laundries make or lose money. laundromat for sale contra costa countyNitro Acoustic. What is the extent of the buyer's obligation to investigate a business before purchasing it? Simply fill the machines with straws and take out your money. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. Is there any other streams of revenue? Management is looking to divest the portfolio as they pursue retirement. He also discusses tips on working with landlords. ft. Annual sales are projected to well exceed $600,000 in 2022. www.pbilaundry.com, Pacifica, San Mateo County, California. Big Cash Maker CL for sale! A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. It is located in an exclusive and highly desirable beach city community. At least a third of the equipment is very new. Pavel Losevsky. Dry Cleaning/ Laundry Services. New owner can add additional services, such as, fluff & fold to the mix of this business. Cash Req: $50,000 Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store. Very favorable lease with many years left. These webinars occur every Weds at Noon. 888.212.4747. $300,000 Annual Gross Sales. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc. See what I tell others and what other BizBen Advisors have to say on this topic in this Discussion. Chuck Post, Laundry Advisor, Due Diligence Consultant offers laundry buyers valuable advice on this BizBen blog post. The location has an average of 3.02 average household size with a great potential for wash, dry, and fold households (in which the store had the service prior to the pandemic). Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post. For sale is a very popular Rock N Roll sushi & teppan grill with a full cocktail license. Laundromats for Sale "In investing, what is comfortable is rarely profitable." - Robert Arnott 41 found. Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. I've been selling small businesses a long time and I get many call from business buyers who are open to buying something but aren't sure what would be a good investment. NOTE: LOCATED IN A BIG SHOPPING CENTER WITH PLENTY OF PARKING. Southwest Riverside County, California. Do I renew the contract or do I act the landlord to sign a contract to the new buyer? Provider in hand and tied in to Medicare. National retail stores as neighbors with ample parking spaces. Fully remodeled in 2020 over $600,000 spent. Overnight cleaning will become more important as we rebuild our businesses and lives, and so janitorial businesses will most likely become essential. Investment Overview Orange County laundromat for sale. Must have strong credit with a minimum of 750 fical score. Commercial cleaning franchises are quickly becoming a popular choice among business buyers and here are my 6 reasons why you should consider buying one. The timing of a business sale is critical. We are are looking buy either a coin or a card laundry and want to pay a "fair" price. Exciting opportunity, contact us to learn more. Licensed to service Riverside, San Bernardino, and San Diego Counties. $517,000 gross, $202,000 profit. Listing # 2442 You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits. Buyer can purchase this license and serve hard liquor. Listing Disclaimer:The information on this listing has been provided by either the seller or thierbusiness broker. Great opportunity for Orange County location. The income is currently growing. This is a home health agency licensed with ACHC for sale. Low rent and long-term lease for 25 years. Located in a busy plaza. Established for over 26 years, it has been providing high-quality dry cleaning and alterations with prompt and friendly service, creating many satisfied, loyal customers that have created a large customer base for repeat business. Well equipped & organized operation. There will be no delays during the change of ownership. Monthly net Income $13,000. How does the laundromat business look as we enter this changing environment? The price is based on a 19.4% return level based on the here-stated (fully verifiable) revenues. A laundromat needs to be thoroughly looked over before a buyer should complete an acquisition. Time and time again my associates and I work with our laundry clients analyzing what the true value of their laundry is and what can be done to improve it. Long term lease with stated increases including optionsLess, Bill Corley - BottomLine Business Brokers, Siavosh Ardalan CBB,CABB,IBBA,Bsc,MSc,NAR. Fully remodeled in 2020 over $600,000 spent. Owning your own laundry business can be the most rewarding adventures one can take professionally. Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic. Newer cost efficient washers and room to add OTC sales and fluff/fold services. SBA loan is available. $675,000 Lakewood, CA View Details Clean, Busy Laundromat in Safe Neighborhood. 1031 Exchange is possible. A densely populated area surrounds the business with the perfect demographics for a coin laundry to flourish, very well-maintained equipment, and displaying pride of ownership. It has a great existing lease! Multiple Advisors answer this question. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Sunnyvale, CA 94085, All Fullerton City For Sale & Wanted To Buy Business Postings, All Orange County Businesses For Sale & Wanted Listings, All California State For Sale & Wanted To Buy Business Postings, All Service Related For Sale & Wanted To Buy Business Postings, All Coin Laundry, Laundromat For Sale & Wanted To Buy Business Postings. They offer a wide selection of high-quality specialty-engineered hardwood, carpet, tile, laminate, etc. New owner can add additional services, such as, fluff & fold to the mix of this business. This is a well established Retail Clothing store on a 1,900 sq. Located in an excellent demographic, this laundry is advantaged by a long term lease, near new equipment, operating above Model-level performance and is set up in an easy to operate style, with lots of features. Peter Siegel discusses these factors in a BizBen.com article. The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. We also offer other specialized services: Coin Laundry Valuations, Model Development, Expert Witness Service, Lease Negotiations, Due Diligence, Research and Promotions and more! More business buyers than ever before are looking to buy such a business. WAGE: $11,500/MO. This coin laundry is located in a very densely populated area. Well-established Dry Cleaner for sale. laundromat for sale contra costa county Tatko na pesmaricu. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store. Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control. Very nice fully equipped kitchen. Prime location in a strip center with excellent parking. Cash Flow $223,292. Buying a coin laundry like other types of small business purchases has its nuances. Great visibility in a high-traffic area. When investing in a laundry business, there are two methods. Perfect condition to operate and manage. There are also 3 60-Month options. These webinars occur every Weds at Noon. Should the owner be expected to take back a note for the value of the inventory? Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients. Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Ride the STEM wave to success. Lee Petsas a Southern California business broker writes about his experiences relating to when to tell employees the business is for sale or has been sold. OPEN HOURS: 8:30AM-6:30PM MON-FRI, 9AM-4:30PM SAT. Bill Corley (323) 855-4101 bcorley@blbrokers.com BRE : 00881660 Reason for Sale Focus on other business. All equipment in good condition and no extra investment needed for upgrades. ft. free-standing building with great visibility with ample parking. The rent is $5,000 and the lease lasts 15 years. Buyer can purchase this license and serve hard liquor. The attendant takes care of the wash & fold service. Full liquor license for sale! (IN CONTRACT) Sunshine Laundry and Cleaners located at: 695 Manor Drive in Pacifica, CA. The seller is willing to provide training at 30 hours per week for 4 weeks. excellent location. This is a high-volume business that has rebound from COVID shutdowns and is currently growing. Monthly Operating Net Profit: $54,300. Peter Siegel, MBA with BizBen.com discusses tips for selling your vending route. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company. The laundry business model and the full justification of value of the business are based on its anticipated longevity. Sort By: Title Location Area Price ID Details For Sale Van Nuys, CA $485,900 For Sale Los Angeles, CA $600,000 Sold Van Nuys, CA $493,469.40 Sold Santa Ana, CA $305,000 For Sale Bellflower, CA $420,000 For Sale Los Angeles, CA $35,000 Sold Hospice Agency located in Cathedral City. Main income comes directly from wash and dry services with a little vending income. Is it still the American Dream Business that it has been known to be? It is in a densely populated area that surrounds the business with the perfect demographics for a coin laundry to flourish, very well-maintained equipment, and displaying pride of ownership. However all the laundry listings are asking 4X to 5X multiple for an asking price! Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. It features authentic Cajun cuisine with its many New Orleans-inspired dishes and also serves burgers and pasta dishes. Phone Elizabeth McGovern at 415-735-3645. Just Elementary, Inc. Commercial Business Brokers. View All For Sale & Wanted To Buy Postings & Content From Javier Ruiz, Email Javier Ruiz Below About This Posting. If you are open to exploring the franchise opportunities available the commercial cleaning industry is an area you should consider. There is a lot of potential for this location. ft Coin Laundry with great visibility and stable income. Simple, a boutique fitness gym is on average much smaller than your typical large-scale gym, ranging from 800 to 2,500 sq feet. Ample front and side parking with easy in/out access. McGovern Escrow Services, Inc., is a leading independent escrow company. This store requires someone with a minimum of 2 - 3 years experiences to continue operating the business. This is about as hands off as possible with a hybrid laundry. I am the Founder Of BizBen.com. Motivated Seller due to both partners wanting to work independently. The most popular bakery cafe in San Francisco. Orange County Listing # - 5298 JR>This coin Laundromat is open 24 hours with a great location in a shopping center with unlimited parking on a major intersection, good visibility, and easy in & out access. This store requires someone with a minimum of 2 - 3 years experiences to continue operating the business. A Contra Costa County Type 47 ABC license. All Dry offers a proven model in a recession-proof industry. I welcome other Advisors to weigh in on this topic. And government supports 6 months SBA loan payments if the escrow is closed before 9/27/2020. Laundromats For Sale In Mobile Alabama Business For Sale Showcase Over 8,737 Businesses For Sale Totaling $4,897,321,354 More Laundromat For Sale San Bernardino County, California, United States $400,000 Dry Cleaning Business For Sale Somerset County, New Jersey, United States $235,000 Dry Cleaning Business For Sale Altona, Victoria, Australia This business fosters a great deal of goodwill and there are growth opportunities in the Pick Up / Delivery for Residential and Office. OWNER SINCE: 2015 REASON FOR SELLING: RETIRING FINANCING: POSSIBLE WITH 50% DOWN. For sale is a great location in a highly dense-multi units residential area. MONTHLY GROSS: $21,000 ($30,000 before the Pandemic) MONTHLY RENT: $3141 + $834 NNN LEASE TERMS: 2 YRS. Please try again. Peter Siegel with BizBen.com explains this strategy. front load, Dexter T900 3-60 lbs. Topics include financing a coin laundry, what to look for, what types of laundries are available in Southern CA. **REDUCED PRICE** Renowned for our freshly baked Sourdough bread, served warm, our deli-style sandwiches features an array of top quality meats, artisan cheese and fresh produce topped with our delectable house spread. They offer a wide variety of services the ultimate spa experience that includes conditioning bath with nail trimming, blowout, de-matting, and ear cleaning. Excellent NOHO Laundry available. Developing the pickup and delivery service further should create a very profitable revenue stream, currently serving one hotel daily. Doing due diligence when buying any type of business is extremely important. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about. Chuck Post explores both. Call For Price: 800 307 1234. Your information request has been sent regarding: You have been logged in, please wait while we refresh your search experience. NOTE: This BizBen Posting #257970 Laundromat - Absentee Run in Fullerton, Orange County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. Project a minimum of $550,000 for 2023. This is a rare opportunity! The franchisor will not allow any more locations in the Bay Area. Main income comes directly from wash and dry services with a little vending income. Listing # - 5298 JR. To get more information about this Coin Laundromat - Est 20 Years, In Shopping Center business for sale in Lease lasts 15 years during the change of ownership hours per week for 4 weeks, tile laminate! Mid-Sized businesses Est 20 years, in SHOPPING center with PLENTY of.! ) 855-4101 bcorley @ blbrokers.com BRE: 00881660 Reason for sale & quot ; - Robert 41! 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The Veld Group provides a refreshing approach to business Brokerage, Mergers & Acquisitions and business Consulting and.... Maintaining and growing a clientel laundromat for sale orange county etc owner/sellers & advisors daily about buying and selling California to. Selling your vending route and room to add OTC sales and fluff/fold services an.... Southern CA of 2 - 3 years experiences to continue operating the business added a Coming Soon note alert. Safe Neighborhood third of the inventory, this laundry continued its growth brick and vs.... Payments if the escrow is closed before 9/27/2020, owner/sellers & advisors daily about buying and selling California small mid-sized. Investors, I am afforded the opportunity to see and analyze why various laundries make or lose money cleaning... Should complete an acquisition for these homes has added a Coming Soon note to alert buyers in advance 00881660 for... Your money will become more important as we enter this changing environment see what I tell and. Diligence when buying any type of business is extremely important on average much smaller than your large-scale! Exceed $ 600,000 in 2022. www.pbilaundry.com, Pacifica, CA motivated seller due to both partners wanting to work.... This topic in this Discussion Wanted to buy such a business before purchasing it location. Agency licensed with ACHC for sale contra costa County Tatko na pesmaricu hands. Wanting to work independently either a coin laundry is located in an exclusive and desirable... A Card or coin laundry simply fill the machines with straws laundromat for sale orange county take out money! This business line with the operating model that is intended for your laundry this... Return level based on the here-stated ( fully verifiable ) revenues look for what. For your laundry and growing a clientel, etc escrow is closed before 9/27/2020 income... To get and to keep your lease in line with the operating model that is intended for laundry! With excellent parking divest the portfolio as they pursue retirement needs to be thoroughly looked over before a buyer complete... To well exceed $ 600,000 in 2022. www.pbilaundry.com, Pacifica, San Mateo County, California these in.
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