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  Home > Search Results > For Sale: Coin Laundry

For Sale Coin Laundry In Newark, Alameda County

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Contact: Jeffrey Ota at 415-272-5061 - Log In To Message/Email This Contact
Last Revised: 9/16/19. Posting #: 250855
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Key Words: coin laundry, laundry, laundromat, coin laundromat, newark, alameda, absentee
Financial Info: Price: $399,000. Down: $399,000. Adjusted Net: $80,681. Annual Revenues: $151,334.
Profile: BBB#: 1532
Asking Price: $399,000
Location: Newark, Alameda County, CA
Estimated Yearly Revenues: $151,334 in 2017
Estimated Yearly Cash Flow: $80,681 in 2017
Estimated Yearly Revenues: $166,416 in 2018
Estimated Yearly Cash Flow: $75,432 in 2018
Monthly Base Rent: $1,992.77

(Note: in 2018, the repair costs was $15,000 + because of floor replacement, painting, wall replacement behind the machines, changing the entire drainage pipes and etc. The averaged repair costs are around $5,500/year.

Listing Description:
This simple coin laundry as an absentee owner's run is location in a large shopping center in Newark. Very easy to run the business and very stable. The front-door is open itself with the timer lock in the morning. A janitor comes to clean the premises up every day and closes the door. 7 days open from 6am - 10pm, last wash 9pm.

General Information:
Organization: corporation | Established Business: 17 years | Current Possession since October 2015 | Parking: plenty in shopping center's parking | Days Open/Hours: 7 days, 6am - 10pm | Square Footage: 1,400 sq. ft. | Reason For Sale: other investment |

Lease Information:
Base Rent: $1,992.77 | CAM: $429 | NNN: $1,300 monthly averaged | lease expiration: October 2025 | lease option: 5 years |

Machine Information:
8. T/l speed queen $2.75
9. 30lb speed queen $4.25
2. 30lb continental $4.25
1. 40lb continental $5.75
1. 50lb continental $6.25
2. 40lb t600 dexter $5.00
2. 60lb t900 dexter $6,75
12. Stack dryer huebsch 6 mins/quarter
2. Big single dryer 4 mins/quarter
2. Rowe coin changer
1. Soad, snack & soap vendor

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Contact: Tim Cunha at 650-600-3751, 650-204-1802 (Cell)   Log In To Message/Email This Contributor
Profile: I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a FREE business evaluation & SWOT analysis for your business anywhere in the USA.
Key Words: tim cunha, cunha, EvergreenGold, california, sf bay area, business broker, brokerage, san francisco, palo alto, santa clara county, contra costa county, alameda county, marin county, sonoma county, san mateo county
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Contact: Chuck Post at 619-227-5711, 619-227-5711 (Cell)   Log In To Message/Email This Contributor
Profile: Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs. Contact us today about our services.
Key Words: chuck post, laundry, coin laundry, coinlaundry, laundromat, laundries, card laundry, laundrys, coin laundry, coin operated, laundramat, laundry mat, laundrys, coin laundries, laundry, laundries, coin laundry, chris mason, laundromat, laundromats, laundrys, laundry, laundries, laundrys
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
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Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
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Contributor: Chuck Post at 619-227-5711   Log In To Message/Email This Contributor
Profile: So, you are looking into buying a laundry business. Congratulations! You have chosen an industry begging for innovation, easily expanded and operated with a minimal amount of time. The laundry is a, Necessity of Life Service Business. I will expand on this topic of selling prices and income.
Key Words: chuck post, laundry, coin laundry, laundromat, laundries, card laundry, coin laundry, laundry mat, coin laundries, laundry, laundries, laundromats, card laundry, card laundries, coin laundry, coin laundries, coin op laundry, coin-op laundry, coin-op laundries, coin-operated laundromat
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: When the time comes to sell your business, having a team of experienced professionals to represent you can make all the difference in the world as you work to successfully complete a business transaction. Jordan Green shares tips for hiring your most important professional, a business broker.
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