Coin-Op Laundry Great Demographic

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Background

BizEx ID:BizEx888-CK
General Location:Los Angeles, CA
Category: Coin Laundry
Years in Business:2009
Under Present Owner:2009
Hours of Operation:6a-10p Sun-Sun
Owner Hours:None
Training:3 weeks @ 2.5 hours
Organization Type:S-Corp.
Lease Expiration:
Lease Options:2/5 year
Building Size:4,500
Employees:0
Reason for Sale:Other business interests

Financials

Asking Price:$300,000
Down Payment:Negotiable
Gross Sales:$214,321
Discretionary Cash Flow:$71,113
FF&E:$300,000
Inventory Included?Yes
Inventory:$4,000
Min. Operating Capital:$4,000
Real Estate Available?No
Rent:$6,500
Financing:SBA

2014 2015 2016*
Gross Sales $ 256,168 $ 255,128 $ 214,321
Gross Profit $ $ $
Disc. Earnings $ 120,151 $ 120,663 $ 71,113




Cody King
M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 134
Direct: (805) 616-9488
Lic#: 01942507

OFF MARKET

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations