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#3625
Stockton Businesses For Sale

Profitable Coin Laundry for Sale in Stockton CA

$145,000
Sold
Profitable Coin Laundry for Sale in Stockton CA
This Listing is Sold

Business Description:

* This is a coin laundry business for sale located in Stockton CA - San Joaquin County.

* This business typically less stressful and less time consuming with mostly opening and closing trips required on regular basis. Or some owners also have installed technology to open and close the laundry doors remotely. 

* The laundry business is surrounded by residential area which is good for loyal customers for your business.

* As it is cash business so there is no costs related to credit cards or other cost of goods applied mostly. So virtually all the gross income is your gross profit from which you deduct your expenses.  

* Gross sale is about $10,000 per month, estimated as per owner.

* Additional Income from 4 vending machines is about $450 per month, as per owner. 

* All furniture, fixtures and equipment is included in the sale price. Below is the list of equipment included:

Top Load - 21; 20lbs SQ - 10; 20lbs Electrolex - 10; 30lbs SQ - 8; 60LBS SQ - 3, Coin Chargers - 2; Stack Dryers - 18; Speed Owen - 36 pockets.

* Total estimated expenses is about $6500 per month (including $1000 natural gas bill, $900 water bill), estimated as per owner.

* Rent is about $3000 per month (competitive compare to the market).

* Owner is willing to finance the balance of sale price for qualified buyer with mentioned down payment.

* Documents are Not available for this business, the buyer can get opportunity to physically monitor the coin collection for verification purposes.

SIGN NDA ONLINE, CHECK THE LOCATION, AND MAKE YOUR OFFER. 

This is a Western Singh Business Brokers listing.
Business & Real Estate Associate Nirvail Singh DRE License #01853125

Lease

Region:
Stockton Businesses For Sale
Lease Term:
long lease
Total Monthly Rent:
$3,000

Operations

# of Part-Time Employees:
1
Hours Open:
8am to 8pm
Year Established:
1996

Facilities

Inside Sq. Ft.:
2,200

Highlights

  • Owner Financing Available.
  • Good access to road and ample parking.
  • Owner flexible in due diligence
  • Owner can negotiate the price
  • Low rent and long lease.
  • Opportunity to add new machines.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 38,671 45,135 138,804
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,227 13,400 47,227
2010 Persons Per Household 3.69 3.29 2.82
Median House Value $105,000 $116,982 $143,426
Income Per Household $33,043 $28,629 $37,551
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 672 994 2,951
2012 Number Of Employees 19,942 30,306 97,306
2012 Total Annual Payroll $410,094,000 $677,384,000 $1,858,255,000

click for more demographic info

Disclaimer

ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.


Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area. 

 

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