Cesar Miraflor

SANTA CLARITA, CA (USA)
Role(s):
Other

Mira Launderette

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Location: Los Angeles
Industry: Other
Year Founded: 2018
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: "C" Corporation
Description: My company, Los Amigos Coin Laundry, is looking for $3 Mil in small business funding in order to grow and expand. Los Amigos Coin Laundry is located in Los Angeles, CA. Here are a few other important details: $5 billion in gross revenue this past year from 29,500 coin laundries in the U.S. This is growth. I purchased a coin laundry in Los Angeles city and this is the best thing I have ever done. We are in the midst of strong economy, the best laundry economy in history. The industry continues to offer a low-labor, easy-to-operate, recession-resistant business model that provides a strong cash-on-cash return. This is the time to plan for growth. As a store owner, I focus of connecting with customers and delivering a service and experience that meets and exceeds their expectations and that is the way to win in this industry and this is where I stand out. Currently, no one in the Los Angeles area has a chain-like coin laundry, and I want to start with acquiring 10. Making it uniformed and customers can connect with the same internal pricing and incentives. Los Angeles area is so dense and urban like environment that makes a coin laundry such a hit. Default rates in self-service laundry sector have been significantly better than default rates in other industries. When discussing why this is, the usual and customary reasons still apply: people will always need to wash their clothes; the population in the U.S. continues to grow especially in urban centers. Since 1997, the coin laundry/laundromat portfolio has performed exceedingly well. Having said that, I wanna acquire 10 and as you know that there's strength in numbers. I'm humbly reaching out to you to make this quest a reality. Something really good going on here that you want to be a part of. Lets talk numbers? Thank you for taking the time. With Appreciation, Cesar Miraflor