Coin Laundry Business in very desirable location!!!Over 25 years in business! 2000 sqft of...  Read More

Coin Laundry Business in very desirable location!!!Over 25 years in business! 2000 sqft of space with 4 year lease leftplus option. Rent is $4400 inc nnn. 39 Washers & 32 Dryers, open 7days from 6AM to 10PM.!This location is absentee run with 1 full time and 1 part timeemployee. Payroll is $2000 per month. !Half of the equipment is new and there is a $35k assumable loan onthe equipment with a payment of $650K/month. Wash & Foldservice is available as well as vending machine income. Laundrywashes range from $2.00 to $4.50 per load depending on size of theload. Drying is .25 for every 10 min. 2 new AC unites whereinstalled few months ago. Gross sales are about $17 to $19k permonth, new apartments complex is opening right across the streetand will have a huge impact in more sales for this location. Water $Electric bill average $2100/month, gas $900/month, Maintenancecompany $350/month. Mis Repairs and maintenance $500/month.Insurance about $600 annually. Cost of supplies about $1000/month. Nets about $7000 to $ 8000 /month.!Permits required are: City license, sellers permit, health permitand weight and measures license.For more information please call the office @ 661-816-1141  Read Less