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: 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
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
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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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
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
Profile: BizBenNetwork Manager Jordan Green explains the importance of keeping the potential sale of a business confidential and provides business owners with helpful ways to successfully keep their business’s sale a secret, as well as the consequences for disclosing a business’s sale prematurely.
Key Words: confidential, confidentiality, selling a business, non-disclosure agreement, business owner, owner/seller, owner seller, seller, qualified buyer, business broker, business brokers, nda, jordan green
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Profile: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
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