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10 Years Of Establishment Coin-OP Laundry

Location:

Ventura County, California

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Asking Price: $375,000 Active
Flyer Private OM Submit LOI Submit POF Financial Due Diligence
FlyerPrivate OMSubmit LOISubmit POFFinancialDue Diligence
Detail
Total Lot Size N/A
Price/Unit N/A
Total Build Area 2,705 Sq Ft
APN 0
Assessors Parcel # 0
Lot Number 0
Block Number N/A
Parcel/Sidewell# N/A
FF&E N/A
Down Payment $150,000
Pro Forma IRR N/A
IRR 74.28%
Cash Flow $148,000
Est Loan PYMT $2,386
Inventory Included in Price No
Estimated Inventory N/A
Franchise Y/N No
Franchise Transfer Fee N/A
Full Time Employees N/A
Part Time Employees N/A
Non Manager No
Lease 0
Options N/A
Other Specifics 0
Air Rights N/A
Keys N/A
Beds N/A
Rooms N/A
Buildings N/A
Units N/A
Stories N/A
Ceiling Height N/A

Legal Descriptions

Income
Pro Forma CAP N/A
CAP Rate 39.47%
Pro Forma GRM N/A
GRM 1.13
Pro Forma COCR N/A
COCR 79.58%
Cash Flow Before Tax (CFBT) $119,377
Cash Flow After Tax (CFAT) $106,622
Monthly Cash Flow $9,948
Occupancy N/A
Gross Income N/A
Gross Operating Income $321,276
Net Income N/A
Net Operating Income $148,000
EBITDA $148,000
Lotto N/A
Cigarette Sales N/A
Grocery Sales N/A
Liquor Sales N/A
Check Cashing N/A
Food Sale N/A
Catering N/A
Parties N/A
Dine-In N/A
Bar Sales N/A
Annual Taxable Sales N/A
Annual Non-Tax Sales N/A
Annual Other Income N/A
Annual Rental Income N/A
Avg Rent / Unit N/A
Premium Sales N/A
Premium Markup N/A
Regular Sales N/A
Regular Markup N/A
Unleaded Sales N/A
Unleaded Markup N/A
Diesel Sales N/A
Diesel Markup N/A
Other Sales N/A
Other Markup N/A
Car Wash N/A
Car Wash Ann Rvn N/A
Has Market No
Market Ann Rvn N/A
Has Restaurant No
Restaurant Ann Rvn N/A
Expense
Monthly Rent N/A
NNN N/A
Electric N/A
COG N/A
Payroll N/A
Utilities N/A
Insurance N/A
Advertising N/A
Other Expenses N/A
Description

Profitable Established Coin laundry In Oxnard Busy Strip!
An opportunity to buy very well established and profitable Coin-OP laundry in Oxnard, California.
The business is located in one of the busiest areas of the Oxnard. Perfect business for owner-operator and do not require any special skills.
The coin-op laundry business has developed into one of the most reliable ends efficient sources of revenue for many investors & entrepreneurs with no skills required.
Automated Laundry Systems has been the premier constructor of state-of-the-art innovative laundromats throughout California for more than two decades.
NOTE: SIGNED NDA AND PROOF OF FUNDS ARE REQUIRED TO VISIT THE LOCATION AND GET THE FULL FINANCIAL PACKAGE.
Quick Closing Price: $375,000
Net Operating Income: $148,000
Lease Left: 1 1/2 Year with 10 years of option to renew. (Seller recommends to negotiate a new lease)
SQ FT: 2705
Rent: $6990

Special Remarks
To receive more information please provide the following items
1. Signed NDA
2. PROOF OF FUNDS
3. LOI
We are not permitted to provide any more information without the signed NDA
Disclaimer
The financial information was supplied by the seller and has not been verified and will not be verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.
Location:

Ventura County, California
Listing ID: 100271
Purchase Price$ 750,000.00
% Down Payment20%
Interest Rate8.75%
Mortgage Length (years)30
Down Payment$ 187,000.00
Loan Amount$ 562, 500.00
PAYMENT WITH PRINCIPAL$ 4,425.00
 advertisement
Listing Offered By
AJ Rana AJ Rana
Broker
CALBRE: 12345
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CONTACT US
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Helpful Resources
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
William Michin, CPA, Certified Fraud Examiner Due Diligence
Although this is a franchise company... All data, information including all
measurements and calculations of area, is obtained from various sources and has
not been, and will not be verified by the broker for accuracy.
Call 805-123-4567
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