Profitable Laundromat with Real Estate, Next to Top Public SchoolListing: #SV00038
About this Business for sale in Greater San Francisco Bay AreaProfitable Laundromat with Real Estate, Next to Top Public School
This business is a great commercial investment opportunity located very close to a major public school. This opportunity comprises of two components 1). a Laundromat business worth $300K with sales revenue of $309,000. 2) Real estate: Building with estimated market value of $2.7M.
The owner wants to sell the business and the building together so the new owner can finance this business with SBA Loan for over 25 years. It also offers diversified risk profile with real estate and business combined - Building size: 4,140 SF | Lot size: 8,451 SF |Acres: 0.194 acres | Parking Spaces: 15
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.