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El Monte Laundromat For Sale

El Monte, CA, USA
Updated 18 hours ago

This laundromat, approximately 1,444 square feet in size, is located in a neighborhood with a built-in client base. It includes 19 toploaders, 8 older Speed Queen Frontloaders (20 lbs), 4 Speed Queen Frontloaders (40 lbs), and 22 older Stack Double Pocket Stack Dryers. The owner, a full-time plumber, is handy with repairs, but the laundromat could benefit from newer equipment. Figures for gross and net vary by season and weather.

Toploaders

19

Square Footage

1,444 square feet

Lease Term Remaining

9 years

Stack Double Pocket Stack Dryers

22 (Older Machines)

Speed Queen Frontloaders (20 Lbs)

8 (Older Machines)

Speed Queen Frontloaders (40 Lbs)

4

Reason for Selling

Owner is motivated

Financials

Asking Price
$150K
RevenueMost Recent Year
$96K
Earnings (SDE)Last Reported
$35K
Assets Value
Undisclosed
Seller Financing
Not available

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