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 1 month ago
Coin Laundry Service
40 years in business
Absentee / Semi-Absentee
Self-service coin laundry operated on an absentee-owner basis located in Martinez, Contra Costa County, California.
Key Information
Asking
$600K
Revenue
$300K
Earnings
$117K
Multiple
5.1x
Key Highlights
- Annual estimated gross income: $300,364
- Rent: $4,950 per month
- Approximately 2,000 sq. ft. facility
- Current lease through 2030, with potential for new lease or extension subject to landlord approval
- Business established for 40 years
- Operated on an absentee-owner basis
- 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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