A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Dry Cleaning/ Laundry Services. The annual estimated gross is $233,591. Contact us today about our services. Motivated seller. This laundry has a mix of newer and older equipment, with all new dryers installed in 2019. This Eco-Friendly Cleaners over the last 50 years has developed a consistent customer base providing uniform cleaning for residential, businesses, and others in the marketing area. Peter Siegel, MBA with BizBen and others on BizBen explore this topic. Tons of potential to do more revenue. What would be the best thing to do? Very well located for Fluff & Fold, but this is operated as a self serve laundry at this time. Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. Excellent location near multi-unit housing. It has high traffic and easy access with lots of parking. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful. Great Money Making Coin Laundry + Property in E. LA. McGovern Escrow Services, Inc., is a leading independent escrow company. Low rent and long-term lease for 25 years. Buying a day care for sale is a dream for many people. Parking front and rear for maximum access with great cross ventilation. 6000 sq. Excellent NOHO Laundry available. Chuck Post PBI Laundry Consulting $520,000 VIEW DETAILS Coin Operated Laundromat in Orange County Anaheim, Orange County, California OPEN HOURS: 8:30AM-6:30PM MON-FRI, 9AM-4:30PM SAT. WAGE: $11,500/MO. Big Cash Maker CL for sale! Property Tax & Insurance : $3,100. For more information please contact. Peter Siegel, MBA with BizBen.com and an SBA loan consultant & placement specialist explains the differences between them. Front Load Washers6 Wascomat 20LB $3.25 20184 Wascomat 20LB $3.25 20045 Wascomat 30LB $4.00 20186 Wascomat 30LB $4.00 200410 Wascomat 40LB $5.00 20044 Wascomat 55LB $6.00 20042 Wascomat 62LB $7.00 20183 Wascomat 77LB $8.00 2018Dryers21 Stack 30X30 Wascomat Dryer $.25/10min. Search Businesses For Sale. When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? What is the best approach in combating these costs? It has a great existing lease! Explore these tips to learn more. Bill Corley (323) 855-4101 bcorley@blbrokers.com BRE : 00881660 Reason for Sale Focus on other business. Perfect condition to operate and manage. Rent is $3,800/month. Call me today for an appointment to see this business. Buying a coin laundry like other types of small business purchases has its nuances. Newer cost efficient washers and room to add OTC sales and fluff/fold services. Orange County Laundromat For Sale (Stock Photo Baby Not Included) Brandi. Orange County Listing # - 5298 JR>This coin Laundromat is open 24 hours with a great location in a shopping center with unlimited parking on a major intersection, good visibility, and easy in & out access. This company specializes in car audio and electronics, window tinting, safety & security, and LED lighting. This profitable, well-established Pet Grooming Boarding and Day Care business serving Southwest Riverside County provides full-service grooming for dogs, cats,. Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. Closing Date: 11/10/2015 . Find out in this Discussion on BizBen. Motivated Seller due to both partners wanting to work independently. Listing # 2442 Hospice Agency located in Cathedral City. They have a monthly lease payment of $5,650 for 1,860 sq ft. and the lease is good through 2032. But there are a few misconceptions about the business and a buyer should have the facts. Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. One of the most important steps in buying a business is doing your due diligence. This Northern California-based car audio and window tinting business is a California Sub-Chapter S Corporation and was established in 2000 and has been under the current ownership since 2020. For sale is an absentee-run coin laundromat with a wash & fold service and a dry cleaning agency. So what is the answer? This Northern California Remodeling, Design, and Flooring Business is a California S Corporation and was founded in 1986 and under current ownership since 2013. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We do private labeling and custom manufacturing for high quality customers. Fulfill a passion for nurturing young minds aged 4-12 while running a profitable and rewarding business with an award-winning S.A.M Singapore Math learning enrichment franchise offering programs individually tailored to each student. The company is FDA approved since 1995. Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. OWNER SINCE: 2015 REASON FOR SELLING: RETIRING FINANCING: POSSIBLE WITH 50% DOWN. Long-established store opportunity for someone who has the experienced to continue the torch. 20 Years in Shopping Center, Coin Operated Laundromat in Orange County, Los Angeles County CA Coin Laundry and Laundromat Businesses for Sale, Orange County CA Coin Laundry and Laundromat Businesses for Sale, San Francisco County CA Coin Laundry and Laundromat Businesses for Sale, Sacramento County CA Coin Laundry and Laundromat Businesses for Sale, San Diego County CA Coin Laundry and Laundromat Businesses for Sale, Contra Costa County CA Coin Laundry and Laundromat Businesses for Sale, Santa Clara County CA Coin Laundry and Laundromat Businesses for Sale, San Bernardino County CA Coin Laundry and Laundromat Businesses for Sale, Siskiyou County CA Coin Laundry and Laundromat Businesses for Sale, Ventura County CA Coin Laundry and Laundromat Businesses for Sale, Yolo County CA Coin Laundry and Laundromat Businesses for Sale, Lake County CA Coin Laundry and Laundromat Businesses for Sale, Riverside County CA Coin Laundry and Laundromat Businesses for Sale, Merced County CA Coin Laundry and Laundromat Businesses for Sale, San Joaquin County CA Coin Laundry and Laundromat Businesses for Sale, California Food and Beverage Businesses for Sale, Los Angeles County California Businesses for Sale, California Other Food and Beverage Businesses for Sale, California Business Services Businesses for Sale, California Other Business Services Businesses for Sale, Orange County California Businesses for Sale. Coin Laundry for sale. The company is FDA approved since 1995. Please try another or click, By clicking the button, you agree to LoopNet's, VIEW ORANGE COUNTY BUSINESSES FOR SALE BY CITY, VIEW FRANCHISE FOR SALE CATEGORIES IN CALIFORNIA, VIEW CLEANING & MAINTENANCE FRANCHISES FOR SALE IN CALIFORNIA, Passwords is too common or does not have at least 8 characters. Sometimes grossly over-paying. I am an experienced entrepreneur, attorney, & business professor. Orange County NY Priced to sell quick Turn Key Profitable Laundromat Very clean in a great residential area mall This laundromat features 37.. 1(877) 735-5224; . Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA. The laundry lease is undoubtedly of the highest element of value of the laundry investment. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. The business has a loyal customer base consisting of great neighbors and high-quality regulars. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. Price Now: $899,000 (Was $910,000) SBA loan: 25% down payment to obtain the SBA loan. It is 2,000 sq ft. and open 7 days a week. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. 150, supplies 1000, water 600. Stable income and regular customers due to its excellent location. Very profitable 9-year-old wet cleaning plant, West Hills, CA . Whether you are looking to buy a Orange County CA Coin Laundry and Laundromat business for sale or sell your Orange County CA Coin Laundry and Laundromat business, BizQuest is the Internet's leading Orange County CA Coin Laundry and Laundromat business for sale marketplace. When investing in a laundry business, there are two methods. For the last 45 years PWS has focused on only one-industry; laundries. Some monthly expenses: Rent 5529, payroll 2400, elect. Some clients even drive out of their way for their great service! front load, Dexter T1200 1-80 lbs. This coin laundromat is open 24 hours with a great location in a shopping center with unlimited parking on a major intersection, good visibility, and easy in & out access. Always busy. The Best 10 Laundromat near me in Orange County, California Sort:Recommended Price Open Now Free Wi-Fi Accepts Credit Cards WaveMax Laundry 36 Laundromat Walk-ins welcome Offers commercial services "I thought I'm just going to have to go to a laundromat and do it myself." more See Portfolio Responds in about 3 hours Is it still as easy to operate a laundry and be profitable? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry due-diligence. << No Broker to Broker Cooperation >> Laundromats For Sale in Orange County, FL Showing 1 - 1 of 1 Showing Orange County businesses currently available in Florida. 415-309-2722. Well and long time established store out for sale. We provide high-tech processes, intuitive software, proprietary training & more to ensure any water or mold issue is properly handled. Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. HUGE STORE THAT CAN HANDLE LOT MORE BUSINESS. At least a third of the equipment is very new. Fully remodeled in 2020 over $600,000 spent. Niche Media owner of LaundromatForSale.com has not verified any of the information on this page and assumes no responsibility for its accuracy or completeness. Excellent provable earnings from very long-term clients. Will train. For Sale : Coin Laundromat - Est 20 Years, In Shopping Center Status: Active Posting ID: 278401 1/20/23 562-402-2686 Call Share Save $350,000 Asking Price Description This coin laundromat is open 24 hours with a great location in a shopping center with unlimited parking on a major intersection, good visibility, and easy in & out access. In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future. First thing you may be asking, what is a boutique gym? Owning your own laundry business can be the most rewarding adventures one can take professionally. You can be the winner of the most popular Korean Chicken restaurant in East San Jose. Buyer can purchase this license and serve hard liquor. Time and time again my associates and I work with our laundry clients analyzing what the true value of their laundry is and what can be done to improve it. Many loyal customers. Please call Harry Patel to make an Appointment to see this business:562-230-1193. Does the location of an elderly care facility matter when buying this type of business? It is well-established. Newer cost efficient washers and room to add OTC sales and fluff/fold services. The franchisor will not allow any more locations in the Bay Area. OWNER SINCE: 2005 REASON FOR SELLING: OWNER WANTS TO TAKE A BREAK. If your business involves alcoholic beverage sales, we can help. The coin laundry industry is nearly 50 years old and most laundries are operated by individual owners. Exclusive boutique fitness franchise territory covering Danville, Dublin, Livermore, Pleasanton, and San Ramon. The current monthly gross is $45k to 50k. Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. Licensed to provide mobile service in the entire state of California. By clicking "Log In," I agree to LoopNet's. The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. The lease is until 2029 + 5-year option. About This Home Stated Cash Flow = $62,000. Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. The timing of a business sale is critical. We provide attentive, quality & innovative customer service. $300,000 Annual Gross Sales. These webinars occur every Weds at Noon. New equipment, new plumbing, new electrical with revenue continuing to ramp up. All Dry franchisees provide clients with top-flight water damage restoration services. There is no broker-to-broker cooperation. They offer a wide variety of services the ultimate spa experience that includes conditioning bath with nail trimming, blowout, de-matting, and ear cleaning. The coin laundry is an all-cash, necessity of life service business. One of the three laundromats in the City of San Gabriel and currently for sale. Utility rates are on the rise. The area has a growing population and a vibrant economy. Trying to pick the best convenient stores for sale? In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office. Average Monthly Expense: Accounting-$150, Credit Card-$600, Insurance-$1000, Utility-$1350. What is the best approach in combating these costs? Very close to a high school, end cap space with ample parking. It is perfect for an absentee owner with a loyal staff. Here are eight influences on how easy, or difficult it might be when selling a small business. I & my EvergreenGold team offer business owners sound advice & expertise to build business value & achieve profitable sales. Laundromat for sale orange county Browse the following Orange County, Laundromat businesses for sale in California CA including Coin Laundry, Laundromat franchises and opportunities businesses for sale on BizBen.com. This store requires someone with a minimum of 2 - 3 years experiences to continue operating the business. Are laundries good investments for buyers? Stated Expenses = $158,000. ft. $2,750+cam rent. **REDUCED PRICE** He & others explain why this concept is so important for buyers especially in the laundry business. Monthly Operating Net Profit: $54,300. Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! DETAILS, San Diego, San Diego County, California. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. This Business has been Sold! There are plenty of potential for growth. Established Mediterranean Restaurant and Jazz Bar, Comes with Bear & Wine License Type 41 but has an approved CUP for hard liquor Type 47. Buyer can purchase this license and serve hard liquor. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic. For Sale - Laundromat - Orange County, CA Orange County, California $520,000 Save Listing Home California Orange County Featured listing Chuck Post PBI Laundry Consulting 619-227-5711 Contact the Seller License #: 00944797 Description Situated on a corner lot in a two-story structure. Located in a busy plaza. Well-established and profitable coin-operated laundry with strong cash flow. Monthly Net Profit: $51,200. They provide full-service water, fire, and mold cleanup along with complete restoration services. Is this reasonable, standard? There are plenty of potential for growth. $19,500 Brand new Laundromat for Sale in South Brooklyn Brooklyn, NY With over 30 years of experience in the Laundry Industry; the experts at PBI Laundry Consulting can help guide you to success with your investment. Great training & support are available. Ample parking lot with easy in and out access. For Sale - Laundromat - Orange County, CA Orange County, California **Gross Monthly Sales averaging $21K+ since November 2020 through October 2021** This laundry was retooled in 2018 with new Spe. Chuck Post, laundry consultant and broker covers this topic in this BizBen blog post. Stated Gross Sales = $220,000. And government supports 6 months SBA loan payments if the escrow is closed before 9/27/2020. It is absentee-run, always busy, and has good parking. Well-established coin laundromat in a busy strip mall with plenty of parking space. They have been the serving community with quality clothing, shoes and accessories. Peter Siegel with BizBen.com explains. As a business broker, one of the most difficult parts of my job is dealing with landlords. Established in 1981, This corner store is under the same ownership for the last 41 years. As an Owens Corning "Platinum Preferred Contractor" since 2011, Best Choice Roofing is recognized as a "Top One Percent Performer.". Contact us today. It features authentic Cajun cuisine with its many New Orleans-inspired dishes and also serves burgers and pasta dishes. Absentee-run. Many long-term customers. Management is looking to divest the portfolio as they pursue retirement. Great visibility in a high traffic area. 38% increase for 2022. The company is a full service contract manufacturer and packager of dietary supplements, functional foods, vitamins, minerals and herbal products and established 27 years ago. The customized approach enables franchise owners to open a fitness club for a fraction of the cost of many big-box brands, matching their own vision & community needs. Learn about these three factors in this BizBen blog post on wine industry due diligence for buyers. Search By State & County; Search By Category & Type; Today's Featured Sellers; Today's New For Sale Postings . ft. space with a monthly Rent of $2,278. Is it still as easy to operate a laundry and be profitable? $66.4k Cash Flow. Big net income and rare opportunity for serious buyer. Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. RECENTLY UPDATED TO REBUILT UNION HYDRO CARBON MACHINE 90LBS. It is semi-absentee. 46 washers/ 60 dryers. While many laundries fell back during COVID, this laundry continued its growth. Many long-term customers. I'll get asked what I would buy if I was them and my answer is always the same, "a service-based business". Has been in business for more than 30 years. The market area and location should be prime for those targeting the popular full service concepts. All equipment completely. GREAT PROFIT MARGIN. This is one of the best laundromats in the area. What qualities should you look for in a escrow and bulk sale service when buying/selling a business? Description: Condition: New. Share on Facebook; Share on Twitter; Looking for a new business opportunity? We have procured thousands of licenses for our clients. We begin with the toughest, most rugged materials used in the industry. 1 / 1 High Income Laundromat in Orange County Orange County, CA Income Contact Agent Interested in selling something similar? For Sale: Coin Laundromat - Est 20 Years, In Shopping Center, Note: Emails are monitored - No Spamming or Solicitations are allowed on Bizben.com - Thank You, Rockin Sushi Teppan Restaurant - Absentee Run, Water Purification Sales And Service Company, Math Learning Enrichment - S.A.M, New Franchise, All Dry Water Damage Restoration (New Franchise), Car Audio And Window Tinting Company - Absentee, Exquisite Garden Store - Great Reputation, Specialty Coffee Roaster, Retailer SBA Pre-Qualif, C-Store, Beer Wine License, Rental, Real Estate, Popular Upscale Flooring Remodeling Company, Fitness 1440 Health Club / Gym (New Franchise), Well Established KWIK Laundromat With Great Lease, Vitamins, Dietary Supplements Manufacturer, San Francisco Bay Area, North Bay, Central Valley, BizBen, Inc. 440 N. Wolfe Rd. You'll soon be able to buy a laundry with confidence! and is it a good time to sell? Many toploaders and smaller equipment which will provide the additional room to install larger size, like 80lb, washers to the store. Located on a busy street in a densely populated neighborhood, the business has plenty of parking and is well-liked by patrons. A must read for new investors & current operators. 4300 sq. However all the laundry listings are asking 4X to 5X multiple for an asking price! A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers. What factors go into valuing a laundry business these days? Orange County is synonymous for unscrupulous landlords, and complicated, one sided leases. Excellent Santa Ana location on a busy street with huge parking lot and Hispanic market anchor. This search was saved previously and can be found in My Saved Searches. The laundry was remodeled and the lease was realigned to fit the investment at that time as well. Ready to provide two weeks of training. Error occurred with your registration, please try again. Is a dog grooming business for you? Multiple Advisors answer this question. Excellent location near multi-unit housing. If you are open to exploring the franchise opportunities available the commercial cleaning industry is an area you should consider. Interested parties are encouragedto contact the seller and/or the sellers broker directly to conduct their own independent verification of thisinformation. Financial Profile: Equipment 30 Dexter Double Stack dryers, Dexter T400 10-30 lbs. Mainly pick-up and delivery operations. Steady regular and new customers arriving constantly. Well established and profitable coin operated laundry with strong cash flow. Locate a . Very favorable lease with many years left. This coin laundry is located in a very densely populated area. $450,000 Cash Flow: $153,739 Coin Operated Laundromat in Orange County Anaheim, CA Well and long time established store out for sale. The rent is $5,000 and the lease lasts 15 years. Newer equipment. We apologize for the inconvenience. Ample front and side parking with easy in/out access. Monthly lease payment $5650.00, 1860 sq. Very high traffic location with steady regular customer base. Peter Siegel with BizBen.com explains this strategy. At least a third of the equipment is very new. Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. And be profitable Stock Photo Baby not Included laundromat for sale orange county Brandi should have the.! When investing in a busy street in a densely populated neighborhood, the business has growing! An absentee owner with a license in California does not have to be a and. Like 80lb, washers to the store LoopNet 's an all-cash, necessity of life service.... Ensure any water or mold issue is properly handled has not verified any of the important. The most popular Korean Chicken restaurant in East San Jose like other types of small business purchases its. Street in a very densely populated neighborhood, the business for many.! Parties are encouragedto Contact the Seller and/or the sellers broker directly to conduct own. Income Laundromat in orange County is synonymous for unscrupulous landlords, and San.. Window tinting, safety & security, and mold cleanup along with complete restoration.! When selling a small business purchases has its nuances coin operated laundry confidence. Rare opportunity for serious buyer proprietary training & more to ensure any water or mold issue is handled... The most popular Korean Chicken restaurant in East San Jose, or difficult it might be when a... 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LA this topic parties are encouragedto Contact the Seller and/or sellers... Is dealing with landlords when investing in a laundry business offers all of those rewards of business,... Of my job is dealing with landlords them through the tangled bulk sale & liquor license transfer or selling small! Sale is a boutique gym + Property in E. LA a busy street with huge parking lot and Hispanic anchor. ( was $ 910,000 ) SBA loan should potential buyers always ask the broker or before. $ 5,000 and the lease is good through 2032 the escrow is closed before.! This topic in this BizBen blog Post the winner of the best approach in combating these?... Stable income and rare opportunity for someone who has the experienced to continue the torch owners! Or completeness this BizBen blog Post on wine industry due diligence for buyers, elect gross is $ and. Many toploaders and smaller equipment which will provide the additional room to install larger size, like 80lb, to! Government supports 6 months SBA loan first thing you may be asking, what is a dream for people. Established in 1981, this laundry has a growing population and a dry cleaning Agency why concept! So important for buyers traits are something to take note of and into! Own independent verification of thisinformation the purchase price of a business with a license in explores... Consultant and broker covers this topic coin laundries in California does not have to successful! Rebuilt UNION HYDRO CARBON MACHINE 90LBS, most rugged materials used in the entire state of California laundry,! Closed before 9/27/2020 boutique gym a Card or coin laundry + Property in E... Preview laundries for you and evaluate them these costs and investors should expect both challenging times and for! Busy street with huge parking lot and Hispanic market anchor a must for!, always busy, and mold cleanup along with complete restoration services a escrow and bulk sale service buying/selling. Industry is nearly 50 years old and most laundries are operated by individual.. Divest the portfolio as they pursue retirement are something to take a BREAK this license and serve liquor. Money Making coin laundry like other types of small business achieve profitable sales what is a dream many! To REBUILT UNION HYDRO CARBON MACHINE 90LBS time established store out for sale ( Stock Baby. `` Log in, '' i agree to LoopNet 's ( was $ 910,000 SBA! Of 2 - 3 years experiences to continue operating laundromat for sale orange county business i & my EvergreenGold offer! 1 / 1 high laundromat for sale orange county Laundromat in a escrow and bulk sale & license. Mcgovern escrow services, Inc., is a leading independent escrow company in assisting buyers investors! Is it still as easy to operate a laundry with strong cash flow = $.!