Coin Laundry (Adams) $25,000

"Asset Sale"

Laundry Asset Sale! 31 washers, 16 stack dryers, 3 single dryers. 1 Bill Changer, 2 Rowe Changer. 7 laundry carts. 2 TV, and camera system
​
Net  minus 500
Gross $5800
DAYS / HOURS OPEN:  Open 7 Days, Open 8+ Hours/Day
FULLTIME EMPLOYEES:  0
LEASE EXPIRES:  05/31/25
PART TIME EMPLOYEES  1
ACTUAL RENT:  $2,700
LEASABLE SQFT:  1,394
Laundry Asset Sale! 31 washers, 16 stack dryers, 3 single dryers. 1 Bill Changer, 2 Rowe Changer. 7 laundry carts. 2 TV, and camera system
  • I noticed the Total Sales is $5800 and Expenses are $6300. This tells me it is a loss of $500. Yet this document states a Net Profit of $500. Can you help me understand this?
It's -$500, but these days due to COVID-19, it's break even
  • I noticed payroll at $600. What/who is this for? Is there a person that opens and closes the doors? Is there a cleaning crew that cleans up in the evening? Is this a business that requires an on site manager during business hours? 
attendant comes in to open, comes back various times throughout the day to clean, then to close up.  Attendant lives across the street.
  • I noticed the parking lot can use some cleaning up. Are there plans from the Landlord to make the parking lot look nicer? Paint parking spot lines, etc.?
Don't know.  Need to ask landlord, when it's time to assign the lease.
  • I was not able to see too much as the laundry mat was closed. Do the machines take credit/debit cards or only cash? Are the vending machines owned by the business or is there a vending service that takes care of them?

coin only for this laundry.  new owner can choose to install a card system to each machine.  owner owns all machine, except for the crane.​​

​Do not talk to the owner and employees.
​No Co-op brokering.

    Please Fill NDA below to obtain a business address.

    If you press send button, you will understand and agree with the nondisclosure agreement and disclaimer below, and detailed data will be sent to your e-mail
    Disclaimers 
    ​    Please be advised that kibomrealtor.com(Credent Realty) may render only the service of introduction of Business Details bases on our own personal opinion, news papers and a source of internet advertising. Not verified by a  certified appraisers. Therefore the contents of the kibomrealtor.com (Credent Realty) were not verified and their accuracy is not guaranteed. It is user’s responsibility and duty to check and verify the accuracy of the value of the business. This result is only asking price not a done deal price.
    The user of Business Details agrees and acknowledges that the user will not claim or sue kibomrealtor.com (Credent Realty) after he/she use Business Details
    Non-disclosure Agreement
    This  information is from seller not verified or confirmed by kibomrealtor.com(Credent Realty).  It is buyer's responsibility and duty to check and verify the accuracy of the seller's representation as to the business opportunity. The buyer agrees and acknowledges that the buyer will not claim or sue kibomrealtor.com (Credent Realty) or its agents regarding the business after he/she purchases. It is once again emphasized that the buyer must verify the business information.  For your convenience we don't require you to come to our office to sign NDA form. Instead you can just check "AGREED AND ACCEPTED" below After reading the Non-disclosure Agreement. After that we will send you the information which include address and name. If you want to purchase the business that we send the information for, you must purchase it through kibomrealtor.com within a year from the date that this E-mail sent. ) You hereby promise to trade only through Ki Bom Kim real estate deals with real estate information obtained through KI BOM Kim.  You will pay $12,000 + cost if you deal directly with the seller or the landlord without or not through Ki Bom Kim using real estate information obtained through Ki Bom Kim. You will not raise objection on this matter.
    You must also not discuss the contents of the listing or information that the E-mail contains with anyone who was not the intended recipient. The information is highly sensitive.  By the way It highly recommend that you visit the business first and you will most likely yield a better result that expected.
    "Do not talk to owner and employees."
    첨부 한 비즈니스 정보는kibomrealtor.com(Credent Realty)에서 확인하거나 확인하지 않은 정보이며 셀러로 부터 받은 정보를 보내 드리는 겁니다. 구매자는 비지니스 정보에 대해서 본인의 판단에 의해 이 정보를 확인해야합니다. 구매자는 구매자가 구매 한 후에 kibomrealtor.com (Credent Realty)또는 에이전트를 사업에 관해 어떤 보상도 청구하거나 고소하지 않을 것에 동의하고 인정합니다. 구매자가 비즈니스 정보를 확인해야 한다는 사실이 다시 한 번 강조됩니다. 저희는 귀하의 편의를 위해 NDA 양식에 서명하기위해 우리 사무실에 오시라고 요구하지 않습니다. 대신정보를 드리기전 NDA계약서를 읽으신 후 동의 함을 인정 하시기 바랍니다 그 후에 주소와 이름을 포함한 정보를 보내드립니다. 정보를 받으신 후 받으신 정보의 사업체를 구매하려면동의 한 날로부터 1년동안은 kibomrealtor.com(Credent Realty)을 통해서만 구입해야합니다. 또한 이메일의 내용이나 예정된 수혜자가 아닌 사람과 정보를 교환하지 않기를 동의합니다 보내드릴정보는 대단히 값어치가 있는 정보라고 저희는 믿고 있습니다.
    "Seller 나 종업원 하고 말씀 하지 마세요."