This laundry was retooled in 2018 with new Speed Queen Washers and 1/2 of the Dryers were also replaced. Peter Siegel, MBA with BizBen explores this industry. Some monthly expenses: Rent 5529, payroll 2400, elect. Buying a day care for sale is a dream for many people. Very popular Asian fusion hot pot restaurant in the area! This business fosters a great deal of goodwill and there are growth opportunities in the Pick Up / Delivery for Residential and Office. In addition to phoning Javier Ruiz, make sure you email Javier Ruiz above to get more info about this Coin Laundromat - Est 20 Years, In Shopping Center, to ask any questions or request an appointment to see this business for sale. Has been in business for more than 30 years. Beautiful tropical landscaping surrounds the home and includes mature orange and avocado trees. Before you buy a dry cleaners small business, read these critical tips about this industry. Multiple Advisors answer this question. Doing due diligence when buying any type of business is extremely important. Existing Home Health Care with provider number for sale in Glendale California. The area has a growing population and a vibrant economy. How much money should you expect to make when buying an automatic car wash? Great Money Making Coin Laundry + Property in E. LA. 415-309-2722. Developing the pickup and delivery service further should create a very profitable revenue stream, currently serving one hotel daily. When buying a California winery, there are three major areas to focus your attention during this period of research. Call For Price: 800 307 1234. Search Businesses For Sale. It is a consistent money maker. Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Financing Availa North Hollywood, Los Angeles County, California. Free-standing building and ample parking with easy in and out. Mike Hurrell with Golden State Laundry Systems discusses how to buy a coin laundry. This is a high-volume business that has rebound from COVID shutdowns and is currently growing. I welcome other Advisors to weigh in on this topic. As an Owens Corning "Platinum Preferred Contractor" since 2011, Best Choice Roofing is recognized as a "Top One Percent Performer.". The current monthly gross is $45k to 50k. Front Load Washers6 Wascomat 20LB $3.25 20184 Wascomat 20LB $3.25 20045 Wascomat 30LB $4.00 20186 Wascomat 30LB $4.00 200410 Wascomat 40LB $5.00 20044 Wascomat 55LB $6.00 20042 Wascomat 62LB $7.00 20183 Wascomat 77LB $8.00 2018Dryers21 Stack 30X30 Wascomat Dryer $.25/10min. Hopefully the options listed below will give you some ideas where you can find the money to buy a California business! Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. This full-service dry cleaner offers pick-up & delivery routes with some wholesale customers for over 50 years in Orange County. This is one of the best coin laundry in the area. Buyers interested in buying a janitorial cleaning business will find companies in this industry for sale that are quite profitable. 415-309-2722. The annual estimated cash flow is $37,459. So what is the answer? Listing # - 5204 BYD Long established dry cleaning plant in affluent South Orange County. Here are some tips I recommend ensuring things go smoothly when buying a California small business. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. This exquisite garden store boutique is located in a hip eastside Los Angeles neighborhood that boasts an ideal like-minded, high discretionary cash flow customer base. Are laundries good investments for buyers? Does the location of an elderly care facility matter when buying this type of business? One is preferred, but the other is far more common. Located in a strip mall in a prime location. The amount would be about $130,000. Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. REASONABLE RENT. 14 years established Pizza, Chicken Wings, Burgers, Pasta, etc. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits. Same owner for 40+ years with well established customer base. Cash Req: $50,000 This store requires someone with a minimum of 2 - 3 years experiences to continue operating the business. First thing you may be asking, what is a boutique gym? Dry Cleaning/ Laundry Services. Great parking. Less, Excellent Santa Ana location on a busy street with huge parking lot and Hispanic market anchor. Time and time again my associates and I work with our laundry clients analyzing what the true value of their laundry is and what can be done to improve it. Yes, but Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post. What could be better? laundromat for sale contra costa countyNitro Acoustic. Great visibility with ample parking and easy in/out access. What is the best approach in combating these costs? Surrounded by many new homes. For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Orange County please phone Javier Ruiz (Broker - BRE License #:01995716) at 562-402-2686 and 714-225-7989 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #278401 on BizBen.com. It has a great existing lease. The most Orange County, Over 8,697 Businesses For Sale Totaling $4,877,985,958 More Laundromat For Sale Own the line painting & pavement maintenance service business that property managers rely on. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. The franchisor will not allow any more locations in the Bay Area. front load, Dexter T900 3-60 lbs. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Very high traffic location with steady regular customer base. Peter Siegel discusses these factors in a BizBen.com article. The lease is until 2029 + 5-year option. The ground floor is occupied by the Grocery Market with 3bd/1bth apartment unit on the upper level generating nice rental income. County is sometimes kept confidential for business listings, Stride Ally Business- A Professionally Licensed Business Sale, M&A, The #1 Marketplace for selling your business online. This search was saved previously and can be found in My Saved Searches. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about. This is a great opportunity! The rent is $4,537/month and the lease goes until 2/2024 + 8 years option. Listing # 2442 Error occurred with your registration, please try again. 1031 Exchange is possible. . At least a third of the equipment is very new. A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store. Great location! For sale is a great location in a highly dense and busy area. Renowned for our freshly baked Sourdough bread, served warm, our deli-style sandwiches features an array of top quality meats, artisan cheese and fresh produce topped with our delectable house spread. Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. I'll get asked what I would buy if I was them and my answer is always the same, "a service-based business". The spacious open layout provides a comfortable washing experience for a day of washing with plenty of folding areas for customer convenience, soap, snacks, soda vending machines, 2 coin changers, and 3 large flat screen TVs. This profitable water purification supplies and services business serves the technical, hospital, medical, and dialysis industries of north/central California and western Nevada, including companies like Tesla. Peter Siegel Director of the ProBuy & ProSell Programs and BizBen Founder explores this issue regarding buying convenence stores. Utility rates are on the rise. New York. It has excellent books & records with a long lease in place. *Financial Profile: This coin laundromat is open 24 hours with a great location in a shopping center with unlimited parking on a major intersection, good visibility, and easy in & out access. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats. Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic. This Cleaners business has been operating for 32 years and is now being sold due to retirement. License fee paid till 2024. The most common reason for this is poor awareness & poor preparation. 6 month loan payments are waived by government supports if the buyer get SBA. Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. 1907 Maple St, Santa Ana, CA 92707 | MLS# OC22124199 | Redfin Search Overview Property Details Sale & Tax History Public Facts Schools Edit Facts SOLD JUL 15, 2022 Floor Plans Street View See all 18 photos 1907 Maple St, Santa Ana, CA 92707 $790,000 Sold Price 3 Beds 1 Bath 1,150 Sq Ft Recently Sold This home sold yesterday. Here are eight influences on how easy, or difficult it might be when selling a small business. Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients. The center is busy, with many popular restaurants and entertainment related businesses. Share on Facebook; Share on Twitter; Looking for a new business opportunity? Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. More importantly, depending on what your interests are, you will identify what type of car wash you want. What factors go into valuing a laundry business these days? It is 2,000 sq ft. and open 7 days a week. Contact When investing in a laundry business, there are two methods. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. Contact us today. Very profitable 9-year-old wet cleaning plant, West Hills, CA . But for some it is a nightmare. The seller is willing to provide training at 30 hours per week for 4 weeks. Joe Ranieri (Business Broker) shares. Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. Listing # - 5299 JR > For sale is a dry cleaners with drive-thru service. With Golden State laundry Systems discusses how to buy a Coin laundry business will find companies in industry. 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