Well Established Laundromat-Recurring Revenue

New owner walks into a smooth running operation with upside potential. Favorite local neighborhood laundromat. NO Brokers - contact owner for details! Buyer saves the broker commission which is reflected in lowered asking price. Own one of the best managed and maintained self-service - phone app and coin - operated laundries in Santa Cruz County! This Santa Cruz city laundromat has an outstanding reputation in the region and is well situated in a spacious 1,750 sq. feet located very close to a major university. Clean and well maintained with a loyal customer base, this laundromat has plenty of ample parking. This is a great part-time business for people from all walks of life wishing to supplement their income. Current semi-absentee owner collects cash, orders repairs, pays monthly bills, cleans, and orders supplies. Self service laundries historically perform very well during recessionary times! Email for more information. There is good potential to add a full service laundry (wash-dry-fold) revenue stream to this business. Currently, it is strictly self service. One could also work with a concessionaire who would do all of the full service laundry but would not be an employee. All of the money the concessionaire uses to start the washers and dryers is the owner's money, not the concessionaire's! Location: Santa Cruz, California Year Established: 2006 Number of Employees: 0 Real Estate: Leased Building Sq. Ft.: 1,750 Rent: $3,000.00 Per Month Lease Expiration: 12/31/2033 Facilities: Furnitures, Fixture & Equipment(FF&E) Included in Asking Price Facilities: All washers, dryers, boiler system, bill changers, vending machines. ATM is not owned. Market Outlook/ Competition: Long established coin laundry. Competition a few miles away but our competitive pricing and cleanliness separate us from the others. Growth & Expansion: Huge growth opportunity to increase profits by raising prices and growing drop-off laundry service.