Coin Laundramat and Dry Cleaner

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Background

BizEx ID:BizEx529-AK
General Location:N. Hollywood, CA
Category: Dry Cleaning/Laundry
Coin Laundry
Years in Business:20
Under Present Owner:5
Hours of Operation:6am-10pm 7 days
Owner Hours:part time
Training:1 weeks @ 20 hours
Organization Type:
Lease Expiration:5/2014
Lease Options:one 3 year
Building Size:1,200
Employees:3
Reason for Sale:Other Business Interests

Financials

Asking Price:$79,000
Down Payment:Negotiable
Gross Sales:$104,000
Discretionary Cash Flow:$18,000
FF&E:
Inventory Included?
Inventory:$200
Min. Operating Capital:$8,000
Real Estate Available?No
Rent:negotiable
Payroll:$2
Financing:Call




Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations