Spotless & State of the art No Ho Coin Laundry for Sale!

North Hollywood, CA
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Asking Price:$700,000
Inventory:$2,000
FF&E:$500,000
Gross Revenue:$308,592
EBITDA:$99,852
Established Year:2010
BUSINESS DESCRIPTION

Spotless & state of the art NoHo Cl for sale. All the latest tech is HERE! Top of the line hybrid payment system w/ kiosk & F-3 FasCard accepting CCs, Apple & Google Pay. Imonex coin drops that can accept dollar coins & ready for token acceptance. 50lb dryers are reversing tumblers. Chrome baskets for more heat distribution. New built in folding tables throughout laundry and ample seating. New tankless water heater, restroom w/ keypad entry for security. Program & control the machines remotely, and much more. Absentee run w/ loyal customer base. Good books & records. Reasonable rent w/ long lease in busy location. A lot of room to grow. True turnkey & great for any buyer. Call to learn more!


DETAILED INFORMATION
Location
North Hollywood, CA
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Size:2,600 Sq Ft. 26 Years lease in place. Equipment Configuration: 4 TL Speed Queen 2022 10 20lb Speed Queen 2011 11 30lb Dexter 2022 8 40lb Dexter 2022 2 60lb Dexter 2022 4 60lb Huebsch 2019 2 80lb Dexter 2022 28 30lb Dryers 2022 12 50lb Dryers 2022 2 Soap Vending Machines 1 Water Vending 1 Soda Vending 1 FasCard 12 Cameras 2 Changers 1 Bill Changer
Financing
40% down payment of the purchase price
Support & Training
20 hours/per week for 2 weeks
Reason for Selling
Downsizing the number of his businesses
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Deborah Byon
Deborah Byon Investment Realty
Deborah Byon