$335,000
$350,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/03/2015
Key Details
Sold Price $335,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC14195482
Sold Date 03/03/15
HOA Y/N No
Year Built 2005
Property Description
Great investment opportunity! Laundromat for sale in high traffic area, great location in Food 4 Less shopping center, built from scratch only 8 years ago. This one wont last, hard to find business. Business has potential call now.
Coin Operated Laundromat for sale in Merced County. Priced at $350K. This is a great absentee Business for someone looking for an additional income in the Central Valley, not to many businesses for sale here, especially laundromats. Average gross is roughly $18k/Month, and average monthly net is $6360. Current owners are motivated to sell, both work full time and have other jobs.
Business is located in a very busy shopping center with major anchors: Ross, Food 4 Less, 99 Cents store, in addition to other stores. Located on the corner of Olive and R Street right across from Merced Mall. Shopping Center sits adjacent to a huge apartment community which is ideal for this business. They started the business from Scratch about 8 years ago, Dexter machines, business has lots of potential. Current owners do not spend much time in business. Can generate more revenue from candy and detergent machines. Current owners are not on top of the small extras.
Location
State CA
County Merced
Interior
Fireplace No
Others
Tax ID 058090011000
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Salim Farha • Realty Executives Of Merced
GET MORE INFORMATION
Broker Associate | Lic# 01398838