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  Home > Search Results > For Sale: Coin Laundry

For Sale Coin Laundry In San Jose, Santa Clara County, CA

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Contact: Jeffrey Ota at 415-272-5061, 415-272-5061 - Log In To Message/Email This Contact
Last Revised: 9/9/19. Posting #: 255860
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Absentee Run  
Key Words: laundry, laundromat, coin laundry, coin laundromat, san jose, santa clara, absentee
Financial Info: Price: $929,000. Down: $929,000. Adjusted Net: $172,686. Annual Revenues: $529,899. Rent: $12,291/month + NNN: $3,189. Lease Until 2022, Plus 8 Year Option.
Profile: BBB#: 1558
Asking Price: $929,000
Location: San Jose, Santa Clara County, CA
Annual Estimated Gross: $529,899
Annual Estimated Cash Flow: $172,686

Listing Description:
This is absentee run. The attendants run the business with shifts whole a day. It's a simple coin laundry, which is located in shopping center on Major Street in San Jose, Santa Clara County.

General Information:
Organization: Corporation | Current Owner: 18 Years | Size: 3,727 sq. ft. | Parking: Private Lot | Days Open/Hours: 7 Days, 7am to 10pm | Reason for Sale: Retirement |

Financial Information:
Estimated Annual Gross: $529,899
Estimated Annual Cash Flow: $172,686

Lease Information:
Base Rent: $12,291/month | NNN: $3,189/month | Expiration: 2022 | Lease Option: 8 Years |

Machine Information:
12. Top Loader - Speed Queen
09. Front Load 30lb - Speed Queen
05. Front Load 35lb - Speed Queen
04. Front Load 40lb - Speed Queen
01. Front Load 50lb - Speed Queen
01. Front Load 60lb - Speed Queen
07. Front Load 30lb - Speed Queen (New)
06. Front Load 20lb - Speed Queen (New)
03. Front Load 30lb - Wascomat
05. Front Load 40lb - Wascomat
05. Front Load 55lb - Wascomat
04. Front Load 75lb - Wascomat
08. Single Dryer - Speed Queen
28. Stack Dryer - Speed Queen
02. Coin Changer - Rowe
01. Coin Changer - Standard
01. Soap Vending Machine
02. Soda Vending Machine
01. Snack Vending Machine
15. Laundry Carts

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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: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
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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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.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Preparing for the sale of your laundry business should begin long before it comes time to put your business on the market. BBN Senior Facilitator Manager Jordan Green addresses 3 important categories to focus on when trying to sell your laundromat, including the equipment, location, and competition.
Key Words: laundry, laundromat, jordan green
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: When posting either a For Sale or Wanted To Buy Posting on BizBenNetwork, effective copy can be critical for catching the attention of either a prospective buyer (with a For Sale Posting), or a seller (with a Wanting Posting). Peter Siegel covers what our research shows works best in BBN postings.
Key Words: postings, posting, peter siegel, advertising
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: When selling your business, it is important to remember that over 80 percent of businesses that go to market never sell. In order to avoid becoming a part of that discouraging statistic, you must revisit these 5 important questions to ensure your business is set up and prepared to sell.
Key Words: jordan green, selling, seller, business for sale, marketing, landlord, lease, rent, cash-based businesses, broker, business broker, advertise
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Many business owners wonder if there is ever a perfect time to sell their business. Should you sell your business now or wait until your business is more profitable/valuable? BizBenNetwork Senior Facilitator Manager Jordan Green explores this complicated question for business owner/sellers.
Key Words: jordan green, profit, profits, profitable, selling your business, sell a business, business owner, value, valuable, business value, profitable business
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 11   Topics: business brokers, buyer representation, buying a business, financing, non SBA loans, SBA loans
Profile: I was asked this question by a buyer: “I’ve been looking for a small business to buy for over a year. Many business brokers are telling me that if you don’t find a business (or at least make an offer on a business) within a year, you’re probably not really serious about buying a business.
Key Words: buying a business, purchase business, business buyers, buyer, buy a business
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Contributor: Jordan Green: BBN Facilitator at - Log In To Message/Email This Contributor
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
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
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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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