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Profitable Laundromat With Real Estate
Location: United States -> California -> Northern California - Bay Area
Industry: Retail > Other Retail



Business Summary

This business is a great commercial investment opportunity located very close to a major public school. This opportunity comprises of two components 1). a Laundromat business worth $300K with sales revenue of $309,000. 2) Real estate: Building with estimated market value of $2.7M.

The owner wants to sell the business and the building together so the new owner can finance this business with SBA Loan for over 25 years. It also offers diversified risk profile with real estate and business combined - Building size: 4,140 SF | Lot size: 8,451 SF |Acres: 0.194 acres | Parking Spaces: 15

Financials
Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $35,000
Cash Flow:   $145,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,000
Seller Financing:  No

About The Business
Year Established:  1991
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale
Management Training and Support:  Owners will train the new owner for4 weeks 20 hrs per week
Reason For Selling:  Owners are ready to retire




Print Listing Id: 700338078


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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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