High-Volume Laundromat with Real Estate

This well-established laundromat is located on the west side of Los Angeles, south of the 10 freeway, in a free-standing, recently built retail property situated at a convenient four-way street corner. The 6,000+ square foot facility features state-of-the-art, high-capacity laundry equipment and ample customer parking. The business operates in a high-density demographic area with no nearby competition, positioning it as a favored choice for local laundry needs. Currently operating under 100% absentee ownership, the laundromat generates gross sales revenue of $1,200,000 with a net operating income of $600,000. The business has been pre-qualified for an SBA loan, simplifying the acquisition process. The asking price for the laundromat and property is $6,490,000, with a required down payment of $1,500,000. This opportunity presents significant growth potential for hands-on buyers seeking to actively manage and expand operations. Training and support are available to the new owner.

Los Angeles, California