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Coin Laundry / Laundromat

Stockton, California (San Joaquin County)

Services - Drycleaning/Laundry | Services - Other Miscellaneous services

Asking Price $478,850 Inventory  
Gross Income $495,396 Real Estate  
Cash Flow $90,000 Year Established 1994
FF&E N/A Employees 6

* included in the asking price

** not included in the asking price

This Is A Rare Opportunity To Own 3 Successful, High Volume Coin Laundries (Laundromat) All Within The Same Market Area! All Three Laundries Have Fabulous Long Term Leases! These 3 Coin Laundries Are To Be Sold Together As A Package. All 3 Coin Laundries Are Professionally Operated. All 3 Locations Are Fully Attended And Offer Drop Off (Full Service) Laundry And Dry Cleaning (Agency). Seller Is Retiring After 14 Years Of Ownership. All Three Locations Have A 6 Camera Video Surviellance System With A Possible Dial Up Connection For Remote Viewing! Coin Laundry #1: 2202 Sq. Ft., 38 Washers With 24 30# Drying Tumblers Coin Laundry #2: 2300 Sq. Ft., 49 Washers With 39 30# Drying Tumblers Coin Laundry #3: 1800 Sq. Ft., 33 Washers With 24 30# Drying Tumblers Please Call Or Email For More Information or to receive the 'Buyer Agreement & Confidentiality Statement' that Is Required Prior To Giving Income & Expense Details And The Addresses. CONTACT: George Morgan, Agent, Dre#01001752. Broker: Best Laundry Brokers Dre#01848441. Our Website Is: www.bestlaundrybrokers.com.

Facilities: Three High Volume, High Quality Laundromats, Super Locations! Great Leases! All 3 Coin Laundries Are To Be Sold Together for This Great Price! Seller is Motivated!

Competition: All 3 Laundries Are In Prime Locations! There is Limited Competition in the Area and There Is Only One Newer Coin Laundry In The Same Market Area of One of The 3 Laundries.

Growth/Expansion: Seller Is An Absentee Owner And Spends Very Little Time Managing These Businesses. This Is A Great Opportunity For A "Hands On' Owner/Operator. Excellent Upside Potential For All 3 Locations Especially With The Full Service.

Support/Training: Seller will provide training and will work with the buyer during the escrow period to familiarize Buyer will all aspects of this business that the Seller has experience and knowledge.

Reason Selling: Seller Is Retiring After 14 Years In This Business.

Business For Sale By

George Morgan

530-559-5959

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