Laundromat Acquisition — Orange County + San Diego County

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Name Type Address City Rating Reviews Phone For Sale

For-Sale Listings (27 tracked, sorted by distance from 92672)

The main list. Curated from BizQuest, BizBuySell, LoopNet, BizBen, LaundromatForSale.com, BusinessesForSale.com, Craigslist, FB Marketplace + Groups, and the 24-agent workflow sweep. For the full inventory of every operating laundromat, click All Laundromats.

Facebook Groups to join (login required)
Most active for-sale flow on FB happens inside groups, not public Marketplace. Join these four — listings often appear here days before MLS sites:
⚠ FB pages are walled — they don't index in Google or scrape via tools. Join logged-in, set alerts on the groups, and check Marketplace manually weekly.

Opportunity Finder — off-market drive-by candidates

Pure laundromats in your commute corridor (South OC + Oceanside) with weak signals: low review count, low rating, or both. These are tired or underbranded mats — owners may be more open to an unsolicited offer. Drive past at peak hours (Sun 11am-3pm, weekday evening 6-9pm) to read the actual condition.

Greenfield Site Analysis — where to open a new spot

Population-per-laundromat ratio across South OC + Oceanside. Higher ratio = potentially underserved market. Caveat: raw pop/mat doesn't account for renter %, household size, or income — affluent owner-occupied cities (Laguna Beach, Newport) skew "underserved" but have low laundromat demand. Mark those mentally as low-signal. Real-renter-density layer is a future improvement.

Business Plan & SBA Financing — built by 24-agent workflow, SBA numbers adversarially verified

Full SBA-lender-ready business plan + financing package. Financials are an illustrative base case until a seller's real returns arrive. Full docs: BUSINESS_PLAN.md · SBA_FINANCING_PACKAGE.md · PATH_TO_30K.md

🎯 Goal: $30k/mo net, minimal work — two routes
Route A — One trophy store (less is more)
One big mat (~$360k+/yr cash flow, $2–4M), bought mostly cash from the inheritance → clears $20–33k/mo in ONE deal. Simplest, most passive. Must verify the cash flow is real. Candidates flagged 🏆 on For Sale — Oceanside is the #1 test.
Route B — 3–4 mat roll-up
Inheritance as down payments across several mats (~$150–200k cash flow each), leveraged, built over 3–5 yrs. Higher return on capital, diversified, but more locations to run. The fallback if no trophy turns up.
Recommendation: lead with Route A (hunt + verify the one trophy), keep B as fallback. All-cash one mat = ~$11–15k/mo on the deals we've found so far; $30k solo needs a true trophy. Full breakdown: PATH_TO_30K.md
Call this lender first
Live Oak Bank
1-866-438-9393
#1 laundromat-acquisition lender nationally, SBA Preferred, closes 30-60 days. Global-cash-flow underwriting is exactly where your W-2 + Lieber Films income offsets no laundry experience. Confirm they'll take a sub-$500K business-only deal — line up Celtic + Ready Capital as calls 2 & 3.
SBA 7(a) terms (verified)
~10% down (≥5% own cash)
10-yr fully amortized, no prepay penalty
WSJ Prime 6.75% + ~2.5% = 9.25% note rate
DSCR target ≥1.25x global
Guaranty fee ~3% of guaranteed portion
Do this week
1. Freeze + season your down-payment cash (60-day seasoning)
2. Pull 3 yrs personal tax returns
3. Call Live Oak for pre-qual ceiling
4. Fill David Choi's form for the Speed Queen financials

Illustrative 3-Year Projection — $525K purchase, $478K 7(a) loan, base case

Line Year 1 Year 2 Year 3
Total revenue$264,000$298,000$324,200
Operating expenses$163,000$185,300$205,300
NOI$101,000$112,700$118,900
Debt service (10yr @ 9.25%)$73,600$73,600$73,600
Owner cash flow (pre-tax)$27,400$39,100$45,300
Business-only DSCR1.37x1.53x1.62x
9 facts the adversarial-verify agents corrected before they reached the plan — including WSJ Prime (stale 7.50% → 6.75%), three overstated lender claims (Celtic "top-five", Byline "$350K min", Huntington "7th year running"), and a seller-guaranty rule. Full QA log: workflow-verify-corrections.json

🧮 Reverse Deal Calculator — enter an asking price, see what the deal requires

Works backward from the list price using current SBA terms: what NOI and revenue the price implies, your down payment, the monthly loan payment, whether it covers debt (DSCR), and cash to close. Adjust the assumptions to pressure-test.

Seller Call Script — follow top to bottom on the call

Pick the listing you're calling from the dropdown — it auto-fills what we already know and logs this call under that listing. Then work down the questions. Everything autosaves. The Fair Value box updates live so you'll know on the call if the price is reasonable. Don't commit to a price on the call.

📁 Logged calls (0)
▶ The opening ask — do this on every call

Say it like this, near the end once they're warmed up:

"This sounds like it could be a great fit. We're a serious buyer, we're lining up our SBA financing now, and we move quickly. Could you send over an NDA for us to sign, and then the financials so we can review? If it's easier, we're happy to send our own NDA over. Once we have the numbers we can move fast."

Then request these (this is the full package):

  • Last 3 years of tax returns (the one that matters most)
  • Trailing 12-month profit & loss (P&L)
  • 12 months of utility bills (water, gas, electric — biggest cost, hardest to fake)
  • Current lease + any amendments (years left, rent, options, can it transfer)
  • Equipment list — make/model/age of every washer & dryer, plus water heater/boiler age
  • Coin collection logs or card-processor statements (the truest proof of revenue)
  • Wash-and-fold / vending / ATM income breakdown

📌 NDA notes: brokers almost always require an NDA before sending financials — ask them to send theirs. Owner-direct sellers may not have one; offer to sign one (it builds trust). Aaron signs the NDA (he's the buyer), not Dana. Use the ✉️ Copy doc-request email button to send the written follow-up right after the call.

⚙ Google Sheet connection
Paste the Apps Script Web App URL (ends in /exec) so "Log to Google Sheet" sends each call to the shared sheet under assistant@lieberfilms.com. One-time setup steps are in research/laundromats/google-sheet-apps-script.gs.

Call Setup

1 · Why are they selling (build rapport first)

Open warm. Ask about the business before the price. People sell to the buyer they trust.

2 · The Numbers — live Fair Value

Enter what they tell you (MONTHLY $). NOI and fair value update as you type. Always ask for 3 years of tax returns + actual utility bills to verify.
$0
Monthly NOI
$0
Annual NOI
$0
Fair value (NOI × mult)
Enter numbers to see verdict

3 · Equipment & Physical

4 · Lease & Real Estate

5 · Operations

6 · Deal Structure

7 · Next Steps (close the call with these)

🚩 Walk away if 2+ of these: lease <5 yrs w/ no renewal · equipment 15+ yrs old AND they want 6x · utilities rising faster than revenue · landlord is the seller and won't commit to lease terms · new competitor opened within 1 mile · can't provide 3 yrs of tax returns · asking implies multiplier above 6 (without real estate).
✓ On the call: ask about the business before the price · don't criticize what they built (respect wins deals) · don't commit to a number · match the deal to what they want (income → seller note, clean exit → speed) · always end by requesting the documents.