Coin Laundry Business

Established in 2008, this coin laundry operates in a prime location in Whittier with excellent foot traffic and customers around the clock. The facility is conveniently situated across the street from the Sheriff Station with ample parking and easy access. The business is currently absentee-run with 3 employees handling daily operations. All equipment is up to date and well-maintained, including 36 washers, 39 dryers, 1 snack/soda vending machine, and 2 soap vending machines. The business operates on a cash-only basis with no card system. The 3,100 square-foot facility generates strong cash flow, with adjusted net profit calculated to exclude the current $70,000 annual payroll for valuation purposes. The current monthly rent is $5,422. The owner is motivated to sell and retire from the business. Support and training will be provided to the new owner on a to-be-determined basis.

Whittier, California