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PROPERTY DETAILS

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Asking Price: $625,000 Active
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Detail
Total Lot Size N/A
Price/Unit N/A
Total Build Area 4,000
Heated Area N/A
APN 0
Assessors Parcel # 0
Lot Number 0
Block Number N/A
Parcel/Sidewell# N/A
FF&E $210,000
Down Payment N/A
Pro Forma IRR N/A
IRR N/A
Cash Flow N/A
Est Loan PYMT N/A
Inventory Included in Price No
Estimated Inventory $3,000
Franchise Y/N No
Franchise Transfer Fee N/A
Full Time 18
Part Time N/A
Non Manager No
Lease Years Left 2.5
Option Terms 5
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 $40.32
Pro Forma GRM N/A
GRM N/A
Pro Forma COCR N/A
COCR N/A
Cash Flow Before Tax (CFBT) N/A
Cash Flow After Tax (CFAT) N/A
Monthly Cash Flow N/A
Occupancy N/A
Gross Income $780,000
GOI $780,000
Net Income $252,000
NOI $252,000
EBITDA $252,000
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 N/A
Premium Markup N/A
Regular N/A
Regular Markup N/A
Unleaded N/A
Unleaded Markup N/A
Diesel N/A
Diesel Markup N/A
Other 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 $5,100
NNN N/A
Electric N/A
COG N/A
Payroll N/A
Utilities $2,000
Insurance N/A
Advertising N/A
Other Expenses N/A
Description

An excellent opportunity to own a wholesale commercial laundromat. This is an over 30 years establishment. Owners are selling due to health reasons.
NOTE: THIS IS ALL CASH DEAL. THIS BUSINESS WILL NOT QUALIFY FOR A SBA LOAN. SIGNED NDA AND PROOF OF FUNDS ARE REQUIRED TO VISIT THE LOCATION.
Business Info:
Lease terms: 2.5 years left with one (1) five (5) years option. A lease can be negotiated further.
Employees: over Fifteen (15)
Utilities Monthly: $2000
SQ FT: 4000

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.

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
Satellite
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Listing ID: 100145
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
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Listing Offered By
AJ Rana AJ Rana
Broker
CALBRE: 12345
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CONTACT US
(from currently avible funds)
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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