West LA Laundromat
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Background
| BizEx ID: | BizEx1392-AK |
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| General Location: | Los Angeles, CA |
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| Category: |
Coin Laundry
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| Years in Business: | 42 |
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| Under Present Owner: | 32 |
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| Hours of Operation: | 6am-10pm 7 days |
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| Owner Hours: | TBD |
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| Training: | 2 weeks @ 40 hours |
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| Organization Type: | LLC |
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| Lease Expiration: | new |
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| Lease Options: | one 5 year |
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| Building Size: | N/A |
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| Employees: | 1 |
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| Reason for Sale: | retirement |
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Financials
| Asking Price: | $365,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $248,016 |
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| Discretionary Cash Flow: | $85,525 |
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| FF&E: | $50,000 |
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| Inventory Included? | No |
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| Inventory: | $500 |
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| Min. Operating Capital: | $15,000 |
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| Real Estate Available? | No |
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| Rent: | $5,000 |
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| Financing: | Seller |
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|
2021 | 2020 | 2022 jan. thru Apr. |
| Gross Sales |
$ 248,016 | $ 241,839 | $ 88,424 |
| Gross Profit |
$ 248,091 | $ 241,839 | $ 88,424 |
| Disc. Earnings |
$ 85,525 | $ 71,866 | $ 29,203 |
