Coin Laundry Business for Sale in Oakland, California
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Financial Details
- Asking Price:
- $623,000
- Annual Revenue:
- $283,221
- Cash Flow / SDE:
- $92,366
- Valuation Multiple:
- 6.7x
- Location:
- Oakland, CA, US
- Source:
- Date:
- June 17, 2025
Key Highlights
- Established coin laundry business in Oakland, CA, operating for 50 years.
- Absentee ownership with attendants managing daily operations.
- Leased 2,300 sq ft space with lease extending to 2026 and a 10-year option.
Description
Established coin laundry business for sale in Oakland, CA, operating under absentee ownership. The business has been running for 50 years, with the current owner for 13 years. The business operates in a 2,300 sq ft leased space with a monthly rent of $4,698. The lease extends to 2026 with a 10-year option. The business employs attendants to manage daily operations.
Industry Information
- Industry Description:
- Coin Laundry
- Classification:
- Service Businesses
Listing Details
- Listing ID:
- 5fbceef1-790b-4620-8e2a-c28c6c967e9d
- Deal Status:
- For Sale
- Date Posted:
- June 17, 2025
- Last Updated:
- June 17, 2025
- Currency:
- USD
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