Absentee-Run, Newly Built Laundromat | East SF Bay Area | 7× NOI - Business for Sale
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Absentee-Run Laundromat in East SF Bay Area
CA, US
Added 4 months ago
Laundromat / Laundry Services
2 years in business
Absentee / Semi-Absentee
Absentee-run laundromat with new commercial equipment and a long-term lease, operating in a 4,300 sq ft freestanding facility in the East San Francisco Bay Area, California.
Key Information
Asking
$3.0M
Revenue
$891K
Earnings
$421K
Multiple
7.0x
Key Highlights
- Net Operating Income (NOI) for the same period was $421,367
- Business commenced operations in January 2024 and has been established for 2 years
- Approximately 4,300 square feet freestanding facility with on-site parking
- All major Dexter commercial equipment is owned outright and included in the sale
- Operations are absentee-run, requiring about five hours per week of owner involvement
- Lease provides 30 years of total site control, including extension options and CPI-based rent escalations
Contact Info
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