Listing Summary
Same location for 20 years, Midtown West. 16 washers, 20 dryers. Busin with an asking price of $650K, reported annual revenue of $228K, and SDE of $57K. Located in Los Angeles, CA. Price/SDE multiple: 11.4x.
Deal Signals
- Healthy reported margin
- Source URL needs review
Questions to Ask Before Offering
- Can the seller provide trailing 12-month profit and loss statements plus tax returns?
- What are the lease terms, renewal options, rent increases, and landlord assignment requirements?
- What is the age, brand, and condition of washers, dryers, boilers, card systems, and vending equipment?
- Can utility bills verify the reported revenue and operating margin?
- Why is the asking price high relative to reported SDE?
Verification Notes
Source indexed; financials have not been independently verified. Request supporting documents before submitting an offer. Revenue shown for this listing is a modeled estimate, not a figure reported by the seller — treat it as a placeholder until you have source documents. Ask for profit and loss statements, utility bills, equipment list, lease terms, and tax returns before signing an LOI.
More laundromats for sale: Los Angeles, CA · California · all states
Source URL needs review before buyer outreach.
Next Step
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