• Address: Huntington Park, CA 90255 (map)
• Date Posted: 09/21/09

I have two laundromats for sale.
Seller is looking for quick buyers. Open to any reasonable offers due to family emergency and no one can take care of the business.

1. Fontana Coin Laundromat (in a strip mall):

Asking Price: $130,000
Rent: $3200/month
Lease: 9 years left
Size: 2232 sf
Utility Bill: $2500/m
Insurance: $100/m
Labor: $1500
Gross income: $12,000/m
Net: $4000/m
Biz Hours: 6:00 am – 10:00 pm
Seller owns this business about 10 years.
Most of machines are 10 years old, some of them are newer. Equiped 50 washers, 38 dryers and 2 change machines.
All equipments and installation cost were over $350,000 ten years ago.
2. Huntington Park Coin Laundromat (in a strip mall):

Asking Price: $130,000
Rent: $4200/month, Landlord has reduced to $3860 from 09/09-12/09
Lease: 9 years left
Size: 2770 sf
Utility bill: $2500/m
Insurance: $100/m
Labor: $1500
Gross income: $11,000/m
Net: $2500 - $3000 /m
Biz Hours: 6:00 am – 9:00 pm
Seller owns this business about 10 years.
Most of machines are 10 years old, some of them are newer. Equiped 50 washers, 38 dryers and 2 change machines.
All equipments and installation cost were over $350,000 ten years ago.

Please email to mailto:greeguo@peoplestring.com or call 714-352-9020