Laundromat – Whittier, California – Laundromats For Sale

Laundromat – Whittier, California

  $440,000.00 - Whittier, CA - Leased

24/7 Laundry

Hi, this is the owner Robby. I am getting into a new industry and need to free up my time and resources but I loved the laundry business. This area in Whittier is hot! Not only is my laundromat busy but the other ones are as well. It consistently brings in $22,000+ a month min revenue.

The store was completely renovated in 2016. With all new machines (except 4 in the back) and I just repainted and put new floors in. I set it up to be as hands off as possible. There is a guy to collect the money, a girl for payroll and to manage employees, machine repairs, supplies get delivered, and vending machines get supplied and collected. And I just set up a overseas security monitor to watch store remotely and call police if necessary for night hours.

The profit numbers are including paying all these services to run more passively. If you did things more conventionally you would make even more profit. Also, there is room to improve the bottom line for a more hands on owner. (I haven’t advertised in over a year!) Also I am including everything you need for a fluff and fold business. Computer, scale, printer, rack, bags.

When you buy you will get everything that comes with the store plus I can train/help you for the first month or so. I am not using a broker and would prefer to deal straight with buyer so we both saved money. The reason its so cheap is I motivated to sell quickly. Email robbybechler@gmail.com and we can set up a time to chat and I can answer all your questions. Thanks have a good one!

What makes this store stand out:

  • Newly renovated
  • Huge parking lot
  • Located on Whittier Blvd Near 605 enormous traffic count
  • Only 24 hour store in Whittier
  • Speed Queen washers under warranty

11108 Whittier Blvd

Whittier 92606

Sq. Ft: 8800

Year built: 1977

Business Type: LMAT

Established: 2016

Profit: $125,124

Special licenses:  None

Number of part time Employees: 2

Total Actual rent: $3300

Year’s current owner: 2

Leasable area: 2400

Terms

Lease Renewal option YN: yes

Lease Assignable: Yes

Ownership Type: LLC

Financial

Gross Operation Income: $264000

Net Profit: $1250124

Operating Expense: $138876

Investment Info

Accounting Type: Actual

Operating expense: $ 138876

Gross Operating Income: $264000

General Description

Property Type: business opportunity

Parcel #: 8171001026

List price: 599000

Original price: 599000

Days On Market: 36

Lot sq. ft: 16045

Lot Acres: 0.3683

Business type: laundromat

Year Established: 2016

Year Built: 1977

Total actual Rent: $3300

Sq. Ft: $1.24

Country: Los Angeles

Business Details

Ownership type: LLC

Hours Days of operation: open 24 hours

Number of full Time employs: 0

Lease Expiration 2-28-21 +10 year option

Demographic Details

https://gallery.alteryx.com/demographics/

Property Map

Agent Robert Bechler

  • Office : 714-697-6617


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