Last Revised: 9/9/19. Posting #: 252562
Key Words: laundry, laundromat, coin laundry, coin laundromat, san jose, santa clara
Financial Info: Price: $349,900. Down: $349,900. Adjusted Net: $80,482. Annual Revenues: $225,796. Base Rent: $4,336/month. NNN: $2,285. Lease by 2023. Option is Negotiable.
Asking Price: $349,900
Location: San Jose, Santa Clara, CA
Estimated Yearly Revenues: $225,796
Estimated Yearly Cash Flow: $80,482
Base Rent: $4,336.94
This simple coin laundry with no dry cleaner, no drop-off is located in a shopping center in San Jose. The street is major. Very easy to manage the business.
Organization: Corporation | Established Business: 20 years+ | Present Owner: 10 years | Size: 1,919 sq. ft. | Parking: Private parking lot | Days Open/Hours: 7 days: 7am - 9pm | Reason For Sale: Other investment |
22. T/l speed queen $2
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03. Front load maytag $2.50
01. Front load maytag $2.50
05. Front load 35lb speed queen $5
03. Front load 40lb speed queen $5
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11. Stack dryer speed queen
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Base Rent: $4,336.94/month | NNN: 2,285/month | Lease Expiration: 2023 | Option: negotiable |
Professional Resources & Contacts To Help You Close Your Deal!
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!
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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.
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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.
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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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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.
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Profile: BizBenNetwork Facilitator Manager Jordan Green (at 925-785-2282) explains the crucial role that business wanted to buy postings on BizBenNetwork play in providing buyers with a voice within the small business marketplace. Included are the best practices for advertising a business wanted posting.
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Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
Key Words: peter siegel, non-disclosure agreement, NDA, qualified buyer, qualified buyers, business purchase financing, financing, cash, SBA loan, SBA financing, preparing business for sale, equipment, lease, seller financing, assets, collateral
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Profile: During the sale of your business, you are going to encounter many types of business buyers. BizBenNetwork Manager Jordan Green identifies 6 classifications of business buyers for business owners to look out for and explains their interests and motivations for buying a business.
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Related Discussions For This Posting
Comments & Replies: 1 Topics: business brokers, buying a business
Profile: BizBenNetwork Senior Facilitator Jordan Green with others share helpful tips for buyers to prepare for a business purchase in order to ensure a smooth and timely process. From preparation to effectively communicating their expectations with business brokers, these tips will assist all buyers.
Key Words: jordan green, business broker, broker, intermediary, buy a business, finding a business, business selection, entrepreneur
Comments & Replies: 10 Topics: broker cooperation, business brokers, buying a business, for sale by owner, pocket listings, selling a business
Profile: What percentage of businesses for sale that are advertised and/or sold are pocket listings? What is the best way to find out about pocket listings? Are they advertised? Are they a big part of the businesses sold marketplace? In this Discussion on BBN multiple brokers, agents, BBN Members weigh in.
Key Words: pocket listings, open listings, pocket listing, peter siegel mba
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Comments & Replies: 14 Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
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