North Hollywood
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Listing Number: 130-22268
Category: Dry Cleaners/Laundromat, Retail
| Asking Price | $65,000 |
| Equipment / Fixtures | $78,450 |
| Year Established | 1989 |
| General Location | North Hollywood |
Michael Preston
- Office: (424) 832-3410
- Cell: (310) 994-7037
- thebusinessbrokerslosangeles.com/
- License #: CA DRE 02075182
- Office: (424) 832-3410
- Cell: (310) 994-7037
- thebusinessbrokerslosangeles.com/
- License #: CA DRE 02075182
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!
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.
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