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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Coin Laundry

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $84000
Net Profit / Cash Flow  $42000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Moving out of state.
Description  Business price: $80,000 -Gross sale: $6,500 /month. -Store size: 1100 sq.ft. estimated. -Owner owns the business from last 3.5 years. -Business Hours: 8am to 9pm. -Equipment: Almost 12 years old. -19 Single washer machines. Washers can handle upto 50 lbs. -8 dryers. Dryers can handle 30 lbs. Expenses: -Rent: $1242 /month. -Electric Bill: $350/month average. -Gas Bill: 600/month average. -Water & Sewer Bill: $450/month average. -Repairs: $200/month average. Total Expenses: $2840 /month. -Lease: 5 years left (But buyer can get new long lease from landlord). -Reason to sell: Owner want to move out of state. -Owner can carry the rest of balance with $50,000 down payment for qualified buyers only. Prospective Buyer needs to sign Confidential Agreement before any further information is provided. Notice: Buyer understands that Western Singh Brokers (''Broker'') or its agent(s) does not audit or verify any above information given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s).
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