2020 Parker St San Luis Obispo, CA 93401
Established laundromat business with growth potential in prime location.
Source:
Elliman
Listing Agent: Blake J Shawn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Profitable Laundromat Business Opportunity
A profitable self-serve laundromat, Mustang Laundromat, is available. The purchase includes Fluff and Fold, a subsidiary company that provides wash, dry, fold, and delivery services. The laundromat features new Speed Queen touch equipment and building improvements exceeding $500,000. Equipment includes six 20LB SQ washers, six 30LB SQ washers, four 40LB SQ washers, three 60LB SQ washers, three 80LB SQ washers, ten 30LB stack dryers, and five 45LB stack dryers. Also included are two 500RL standard change makers and one 8-slot soap dispenser. The lease has three options remaining, totaling 19 years. This business offers room to grow.
Location Intelligence
Current Use by Public Records
Wild Wash Laundromat ...
Laundry
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.6686904
- Latitude
- 35.2719884
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Established laundromat business with growth potential in prime location.
Where is this retail space located?
The property is located at 2020 Parker St San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: - High profitability and additional income from Fluff and Fold service.; - **Brand new Speed Queen touch equipment and over $500,000 in building improvements.**; - Long-term lease with 19 years remaining (3 options).