Laundromat business for sale, New machines in 2022, High Traffic

Stanislaus County, CA
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Sale Pending
Asking Price:$780,000
EBITDA:$114,828
Gross Revenue:$333,833
Established Year:2022
BUSINESS DESCRIPTION

High revenue laundromat located in Stanislaus County that is averaging $26,319.44 per month just from washers and dryers alone. Additional $1,500/month in vending and soap sales. laundromat is on a POS/Card System. Washers and dryers are all Speed Queens. located in a stand alone building corner location.

Established in 2022 with all new touch screen Speed Queen washers and dryers.

If you are looking to own your own business and have income coming in. whether adding this to your portfolio or keeping your current day job, this type of business will boost you financially for many years to come.

Average gross annual sales are $333,833.30
(315,833.30 Washer and Dryer revenue + $18,000 Vending/soap machine revenue)

Avg. Monthly Gross Revenue $27,819

Avg. Monthly Expenses:
Rent $6,300
Gas $2,200
Electricity $750
Water $1,700
Insurance $750
Maintenance $50
Employee $5,500
Cost of goods $1,000

Total Average Monthly Expenses: $18,250
Total Average Monthly Net: $9,569

Approx. Annual Net Revenue: $114,828

Seller provided all estimated sales and expenses, Broker is not responsible for any misrepresentations. Prospective buyers will have the opportunity to conduct their investigations during their due diligence process after an offer is made and accepted.

In order to receive location information buyer MUST sign an NDA and show proof of funds, NO EXCEPTIONS!!!. If you are unable to download the NDA from the listing email your proof of funds to Myagentsalim@gmail.com and I will provide one for you to sign. Equipment Financing is available for new laundromat owners at 40% down and existing laundromat owners at 35% down minimum.


DETAILED INFORMATION
Location
Stanislaus County, CA
Inventory
Not Included in asking price
Employees
1
Facilities
New store established in 2022
Growth & Expansion
There are opportunities to do wash and fold and increase revenue dramatically
Financing
Equipment financing available through third party at 35-40% down for new and existing
Support & Training
20 hours
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Salim
Farha
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Salim Farha