Simple Coin Laundry as Absentee Owner's Run for Sale in Martinez - Business for Sale

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Absentee-Run Coin Laundry in Martinez, CA

Martinez, CA, US
Added today
Coin Laundry Service
40 years in business
Absentee / Semi-Absentee

This is a self-service coin laundry operated on an absentee-owner basis located in Martinez, Contra Costa County, California.

Key Information

Asking

$672K

Revenue

$296K

Earnings

$122K

Multiple

5.5x

Key Highlights

  • Rent: $4,950/month for approximately 2,000 sq. ft.
  • Business established for 40 years
  • Operated on an absentee-owner basis
  • Current lease through 2029, with potential for new lease or extension subject to landlord approval
  • Equipment includes: 2 Maytag top loaders, 25 Speed Queen top loaders, 7 Wascomat Junior W74, 6 Speed Queen 40 lb., 6 Speed Queen 30 lb., 2 Speed Queen 25 lb., 2 Speed Queen 60 lb., 3 Wascomat Giant W184 50 lb. washers, 29 Speed Queen stack dryers, 2 standard coin changers, and 1 snack & soap vending machine

Contact Info

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