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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: 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.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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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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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.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Buying a business is no easy task. In fact, business buyers are faced with many questions before beginning their search for an existing business for sale. BizBenNetwork Senior Facilitator Manager Jordan Green gives helpful tips for prospective business buyers to start their search on the right foot.
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