Description

Coin laundry located off of Newport Blvd. & in a very nice area surrounded by different apartment complexes in Costa Mesa. This Lauder mat has been under the same family ownership for the last 25 years. The area is very quiet & peaceful, & there has never been any vandalism problem with the store even though there is no attendant during the business operation hours. There are 25 top load washing machines, 15 dryers, six 30 pounds Dexter, 2 boilers, 2 built-in change machines, and a security camera, all included in the price. According to the seller extending the business hours to midnight will increase the sale. Also adding other services such bed & fold service which usually is requested by some customers will increase the revenue as well. The owner is willing to train the new owner for certain period of time. He needs medical care, & that is why he wants to sell. Annual Revenue: $45,000 FF&E: $180.00 (Included in the price) Seller’s Discretionary Cash Flow: $15,000 Asking Price:$85,000 Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability. For more information contact Mehdi Kazerooni, SUNBELT BUSINESS BROKERS of ORANGE COAST at 714-619-9310. fax: 949-861-6498. email: mehdi@sunbeltorange.com For a complete listing of our currently available business opportunities go to: www.sunbeltorange.com

Posted Nov 21, 2012

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