Modern Laundromat in South Gate, CA

This listing represents a modern laundromat located in South Gate, California, established in 2023. The business offers a full spectrum of laundry services, including traditional coin-operated machines and advanced washers/dryers accepting credit cards. A loyalty program is in place to reward customers. The Wash-Dry-Fold service provides a convenient solution for busy individuals. The business generated $605,949 in gross revenue and achieved a Total Adjusted Net Income of $231,085. The asking price was $1,550,000. The operation includes $350,000 in equipment and fixtures. It is a leased property with 3400 square feet, a monthly rent of $8,475, and a lease expiration in April 2035 with options. The business operates with 7 part-time employees and no full-time employees. The owner is selling to focus on other business ventures.