Low Cost Laundromat In South Monterey County For Sale

Business description

Great opportunity to own a coin laundry for only $100,000 asset sale. The business was built in 2004 and all the work has been done and is ready for a new buyer to start a new business. Located in the largest shopping center in this South Monterey County town with national tenants among the 23+ tenants including medical office, dental, bank, drug store The owner is absentee, living in another county. This is an opportunity for a new energetic owner to build the business giving attention to service. 2700 SF space with automatic door lock system. 23 Top loading washers; 12 Front loaders, 30lb.; 6 Front loaders, 40lb.; 4 Front loaders, 60lb.; 2 Front loaders, 80lb.; 18 Stack Dryers, 30lb.; 4 Single pocket, 50lb.; Cyberwash card system. Landlord has been asked to lower the rent

Property information

Real Estate:

Lease

Lease terms:

Rent $4,527
NNN $551

LEASE EXPIRES 12/20/2014

Leasehold rent:

$60,000 per annum

Location:

Located in Largest shopping center, South Monterey County

Premises details:

2700 SF, fully equipped laundromat; automatic door opener system. Cyberwash system allows patron to pay with central pay point and use any machine.

Size in square feet:

2,700

Other information

Planning consent:

Operating as a Laundromat

Support & training:

2 weeks, 10 hrs/week

Reasons for selling:

Absentee Owner

Trading hours:

daily 7 AM 9 PM

Furniture / Fixtures value:

$400,000 (included in the asking price)

Inventory / Stock value:

$500 (included in the asking price)

Related documents:

• 
• Non Disclosure agreement

• 
• Equipment Listr