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Laundromat For Sale in San Lorenzo

San Lorenzo, CA
Asking Price:$199,000
Gross Revenue:$91,308
Established Year:2000
Cash Flow:$24,350
Rent:$2,597/Month
Listing ID: 2250970Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established for Over 20 Years with Recent Upgrades!

Location: Situated in San Lorenzo with nearby apartments, this laundromat has been a staple for over 20 years, serving the local community.

Ownership: The current owner has been successfully managing this business since 2015, ensuring a steady flow of satisfied customers.

Equipment:
Washers:
15 washers in total:
2 washers with a capacity of 62 lbs
2 washers with a capacity of 55 lbs
3 washers with a capacity of 30 lbs
5 washers with a capacity of 20 lbs
3 washers with a capacity of 18 lbs

Dryers:
20 dryers in total

Upgrades: Recent upgrades include the installation of:
10 new dryers in 2022
2 new washers in 2022
New hot water system in 2022
An additional coin change machine in 2023

Lease: With 4 years remaining on the lease

Turnkey Business Opportunity with Loyal Customer Base and Growth Potential!

DETAILED INFORMATION
Location
San Lorenzo, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
01/03/2028
Employees
1
Facilities
20 dryers 15 washers in total: 2 with a capacity of 62 lbs 3 with a capacity of 30 lbs 5 with a capacity of 20 lbs 3 with a capacity of 18 lbs 2 with a capacity of 55 lbs
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Mary Zhang
Mary Zhang