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North Hollywood

  • Listing Number: 130-22268

    Category: Dry Cleaners/Laundromat, Retail

Asking Price $65,000
Equipment / Fixtures $78,450
Year Established 1989
General Location North Hollywood
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This business is a longstanding and beloved neighborhood business. It has been an essential part of the local neighborhoods; North Hollywood, Studio City, and Toluca Lake for over 30 years.
There are NO competing nearby laundromats, and the neighborhood demographics are ideal for both self service and drop off fluff and fold. The business is equipped with a mix of newer modern and older but solid equipment including a newly serviced boiler. It is located at the corner of 2 major streets with high visibility. The business enjoyed a thriving ongoing commercial laundry clientele of small to mid sized spas, and local beauty salons who are not served well by existing large laundry service providers. The current owner relocated out of the county during lockdown and has been unable to restart the fluff and fold business or tend to maintenance due to his interests in his other Ventura County businesses.

Don’t let the financials fool you - this business is being offered at a rock bottom price and is an incredible opportunity to get into this absentee style business. Please reach out to learn more!

Listed Price
Base Rent
Square Feet
Total Rent
Lease Expiration
Rent Deposit
Leasehold Improvements
Equipment / Fixtures
Training Period
4 Weeks
Part-Time Employees
Reason for Selling
Moved Out of Area & Other Business Interests.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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