Sold 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, catering to customer convenience and efficiency. It features traditional coin-operated machines alongside advanced, technology-enabled washers and dryers that accept credit card payments. A loyalty card program is in place to reward repeat customers. The business also provides a convenient Wash-Dry-Fold service, allowing customers to drop off and pick up their laundry clean and neatly folded. With a focus on reliability, cleanliness, and customer satisfaction, this laundromat aims to be a one-stop destination for all laundry needs. The sale includes significant equipment and facilities valued at $350,000. The business achieved a gross revenue of $605,949 and an adjusted net income of $231,085, with an asking price of $1,550,000. Note: This listing is marked as 'Sold'.