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Business For Sale Listing #BFS-142267:

Card Laundry

Industry

Sector: Personal Services
Industry: Laundromats

Location

Classification: US // Pacific // California
Relocatable: No

Financials

Sales: Between $100 Thousand And $500 Thousand   ($435,000)
Profits: Between $100 Thousand and $500 Thousand   ($174,551)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Asking Price: Between $500 Thousand and $1 Million   ($696,000)

Business Summary

Full time income from a part time work lifestyle can be yours in this new Sparklean Laundromat located on a high visibility corner in Lancaster CA. Built by Sparklean Laundry Systems a widely recognized innovator in the Laundromat industry this is computer-card operated, "ready-to-run" Laundromat store which allows an owner to control and monitor store operations from your home, office, laptop, even your Blackberry.

The store, which is 2,950 sq. ft., will be ready to open on or about April 2008 and is a complete turnkey retail operation. The sale includes a 30 year low cost retail lease (consisting of an initial 10 year term and four five year option periods), all commercially-vended washer and dryer equipment (with 67 pieces of equipment), heating and cooling systems, store front, complete store interior, bill-to-bill change making machines, value transfer machines, drop-off laundry service are, leased security and surveillance equipment, organized and striped parking, a major sign pole location visible from four corners, Sparklean Branding Package, interior and exterior signage, and an optional one year ramp-up marketing package with an independent marketing firm. The store has excellent pole signage and is in a newly remodeled shopping center.

All washer and dryer equipment at this location use a card system (similar to an ATM) instead of cash, thereby reducing the risk of theft and money collection time. Customers may access this system with cash, bank debit card, or credit card. These advanced computer controls, card readers and remote (via the internet) surveillance systems enable an owner to monitor store operations without always being in the store. An owner/investor of this location has the potential to work part time (sometimes as little as 15 or 20 hours per week) and generate a “full time” return on their invested dollars.

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