Coin Laundry as Absentee Owner's Operation For Sale in Oakland

Financial summary

Asking Price

$550K

Cash Flow (SDE)

$83K

Gross Revenue

$499K

SDE Multiple

6.6x

Detailed information

Location

Oakland, CA

Industry

Cleaning & Facility Services

Source

bizben

First indexed

Jun 15, 2026

Data quality

Excellent (95/100)

Priced below 1.5x revenue.

Key points

• •Coin laundry in Oakland generating $499,113 annual gross revenue with $83,447 estimated annual cash flow.
• •2,904 sf space with $10,500 base rent plus $2,000 CAM monthly; lease terms negotiable.
• •Absentee-operated, fully attended, open 7 days/week 7am-9pm; owner has 20+ years operation.
• •43 washers (various Wascomat sizes), 25 dryers, coin changers, and vending machines included.
• •Owner retiring; building also for sale.

Business description

Simple Coin Laundry as Absentee Owner's Run in Oakland. Estimated Gross: $499,113/y & Estimated Cash Flow: $83,447/y. Rent (Base): $10,500/m & CAM: $2,000/m for 2,904 sf. New Lease: Negotiable. Open 7 days from 7am to 9pm (Last wash @7:30pm). Fully Attended. The Current Owner's Possession in 20+ years. Reason to Sell: Retirement. The Building is also for sale. Please ask Agent for more detail. (Equipment) 15. Wascomat - Junior W620 ($3.50) 13. Wascomat - Senior W630 ($4.75) 06. Wascomat - Super Senior W640 ($6.25) 05. Wascomat - Giant W655 ($8.50) 04. Wascomat - Super Giant W675 ($9.50) 20. ADC - Stack Dryer 05. ADC - Big Single Dryer 02. American Changer - Coin Changer 02. TV 01. Soda & Snack Vending Machine 02. Soap Vending Machine

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