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Successfull Coin Laundry In A Great Location! Well Maintained!

Tiburon, California (Marin County)

Services - Drycleaning/Laundry | Services - Other Miscellaneous services

Asking Price $139,000 Inventory  
Gross Income $77,840 Real Estate  
Cash Flow $24,260 Year Established 1989
FF&E N/A Employees 0

* included in the asking price

** not included in the asking price

This Is A Rare Opportunity To Own A Very Successful Coin Laundry (Laundromat) In One Of The Best Areas In The Bay Area! The Coin Laundry Has An Excellent Location And Has Good Parking! The Laundry Has Shown Steady Income Year After Year. It Is Well Maintained And The Equipment Is All In Very Good Condition. The Owner Has No Employees But Has A Concessionaire That Operates A Full Service Laundry Within The Business And Provides The Janitorial Cleaning For The Owner. This Is A Great Part Time Business For A Retired Person Or Someone Wishing To Supliment Their Income. Coin Laundries Historically Perform Very Well During Recessionary Times! Call Or Email For More Information And To Receive A 'Non Disclosure Agreement' That Is Required Before Giving The Address, Income And Expense Details. Contact: George Morgan, Agent, Dre#01001752. Broker: Best Laundry Brokers Dre#01848441. Our Website Is: www.bestlaundrybrokers.com.

Facilities: This Coin Laundry Has Good On Site Parking, Visability, Signage and Ingress and Egress. The Size Is 1,414 Sq. Ft.. Monthly Rent is $2,836./month, Gross Lease (No Triple Net Charges!). There Are 22 Washers and 16 30# Dryers. The Laundry Is Well Maintained

Competition: This Is The Only Coin Op Laundry (Laundromat) In Tiburon. The Coin Laundries In The Other Cities Serve A Different Market Area.

Growth/Expansion: There Are A Number Of Possible Ways To Increase The Business Including Adding Commercial Laundry Service To The Existing Drop Off Laundry Service Being Provided By A Concessionaire.

Support/Training: The Seller Will Provide A Reasonable Level Of Training To The Buyer During The Escrow Period To Familiarize Buyer With All Aspects Of This Business.

Reason Selling: Seller Is Retiring After Owning This Business For 20 Years.

Business For Sale By

George Morgan

530-559-5959

Best Laundry Brokers

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