Absentee Run Coin-Op Laundry In SF

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
SF10590 - Dry Cleaning and Laundry

Location:
Northern California - Northern California

Absentee Run Coin-Op Laundry In SF

Business Description:

Rare opportunity for an absentee run coin-op laundry in San Francisco. Profitable and has averaged $140k in sales even during the pandemic. Owners live out of the area and have full-time jobs. The business would be better suited for existing operators or someone that is closer to the location. The facility has 27 washers, 26 dryers, CCTV, change machines, soap vending machine, and boiler. Since taking over at the end of 2018 the owners have replaced multiple machines and replaced the boilers. There is room for someone to add a dry-cleaning agency and/or wash and fold. Perfect for someone looking for some extra cash flow or an experience multilocation operator.


Asking Price: $148,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

6 Months Ended

6/30/2021

$66,572
(Sales)

$1,315
(Adjusted Cash Flow)

12 Months Ended

12/31/2020

$136,744
(Sales)

$26,254
(Adjusted Cash Flow)

12 Months Ended

12/31/2019

$145,023
(Sales)

$21,918
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 0
Owners 0 0

Hours of Operation
Mon-Sun: 7:00am-9:00pm

Licenses Required:

  • Business
  • BOE

Lease

Monthly Rent Including NNN:
$4,200

Expires:
12/31/2021

Option:
No

Size(sq.ft.):
850

Miscellaneous

Type of Organization:
LLC

Reason for Sale:
Partners have full-time jobs

Training:
1 weeks 10 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.