Last Revised: 9/9/19. Posting #: 249032
Key Words: laundry, laundromat, coin laundry, coin laundromat, san jose, santa clara, absentee
Financial Info: Price: $350,000. Down: $350,000. Adjusted Net: $86,194. Annual Revenues: $308,785. Rent: $11,500/month including NNN. Lease Expiration: 2020. Lease Option: landlord might provide 5 years option to qualified buyer.
Profile: BBB#: 1520
Asking price: $350,000
Location: San Jose, Santa Clara County, CA
Estimated Yearly Revenues: $308,785
Estimated Cash Flow: $86,194
Simple coin laundry is located in a shopping center. The business is very stable and easy to run. 7 days open from 7am to 9pm with full attendants.
Organization: Corporation | Year Established: 1990 | Current Owner: 2002
Size: 2,500 sq. ft. | Parking Lot: Plenty | License Required: Business | Days Open/Hours: 7 days, 7am to 9pm | Reason For Selling: Owner retiring
Estimated Yearly Gross: $308,785
Estimated Cash Flow: $86,194
Rent: $11,500/month including NNN | Lease Expiration: 2020 | Lease Option: landlord might provide 5 years option to qualified buyer.
12. Top Load - Speed Queen
13. Front Load 20lb - Speed Queen
08. Front Load 30lb - Speed Queen
08. Front Load 30lb - Wascomat
06. Front Load 40lb - Wascomat
02. Front Load 60lb - Speed Queen
27. Single Dryer - Speed Queen
03. Stack Dryer - Speed Queen
01. Coin Changer - American
01. Coin Changer - Rowe
01. Coin Changer - Standard
01. Soap, Soda & Snack Vending Machine
Professional Resources & Contacts To Help You Close Your Deal!
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
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
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
View All Related Resources & Advisors For This Posting
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Customers and potential business buyers can learn a lot about a business simply by its appearance. BBN Manager Jordan Green discusses the importance of curb appeal and how properly maintaining a business can not only add to its value, but also improve its ability to sell when the time comes.
Key Words: selling a business, curb appeal, jordan green
Profile: Business value has a different meaning depending on the purpose of the parties involved in the transfer. John Byrne, CPA, Business Valuation Expert explains three different methods for valuing a business: Investment Value, Fair Market Value and Fair Value.
Key Words: business valuation, valuing a business, selling a business, sell a business john byrne
Profile: To what extent should a buyer rely on the selling broker for "decision making" information? Most people realize that when buying a laundry business there are certain areas that need to be investigated before completing any business acquisition. Chuck Post (laundry specialist & consultant) explains.
Key Words: chuck post, due diligence, diligence, laundry, coin laundry, laundromat, laundries, card laundry, laundrys, coin laundry, coin operated, laundry mat, coin laundries, card laundries, coin op laundry, coin-op laundry, coin-op laundries, coin laundry, coin-operated laundromat
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Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
Key Words: buyers, business buyers, buying a business, due diligence, jordan green
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