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For Sale: Coin Laundry With Real Estate - High Net Income - Los Angeles, California

$5,000,000.00

Asking Price

  • Address: Los Angeles,

  • Status: Active

  • Posting ID: 256080

  • 10/1/20

Description

Monthly Average Gross Sales: $96,000. ($91,000. to $99,000 )

1. Washer & Dryer : $80,000.
2. Vending & Market : $14,500.
3. Others : $1,500.
-. Monthly Expenses: $41,700.
1. Water:$10,200.
2. Gas: $5,500.
3. Electric:$3,100.
4. Attendants: $11,000.
5. Insurance for liability & Workcom: $800.
6. Vending Cost: $7,500. ( 50 %)
7. Vending Lease :$350.
8. Trash:$240.
9. Mechanic & Repair: $1,000.
10. Equipment Tax : $500. ( Unsecured property tax )
11. Business License: $50.
12. Alarm:$40.
13.Nik O Lok:$20.
14.Miscellaneous: $400. ( Phone, TV, Internet)
15. Others :$1,000. (Reserved money- in case)

Monthly Operating Net Profit: $54,300. Property Tax & Insurance : $3,100. Monthly Net Profit: $51,200. SBA loan: 25 % down payment to obtain the SBA loan. 25 years amortization. About prime + 1 %.

To get more information about this Coin Laundry With Real Estate - High Net Income business for sale in Los Angeles please phone Kenneth JY Kim (Agent) at 213-446-2615 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #256080 on BizBen.com. In addition to phoning Kenneth JY Kim, make sure you email Kenneth JY Kim above to get more info about this Coin Laundry With Real Estate - High Net Income, to ask any questions or request an appointment to see this business for sale. Thank you. New Star Realty & Investments.

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Contact

  1. Name: Kenneth JY Kim
  2. phone iconPhone: 213-446-2615

Details

  1. Asking Price: $5,000,000.00

  2. Down: 25%

  3. Cash Flow: $614,400.00

  4. Revenue:    $1,152,000.00

  1. Area: Los Angeles

  2. City: Los Angeles

  1. Attributes:

    Training & SupportReal Estate Included

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