Business Overview:
The coin laundry occupies 2,300+/- sq. feet. Private, off street parking lot. The equipment might be able to be converted to "SMART CARD OPERATION", allowing you to verify income, monitor the business, ie: see and hear inside from anywhere in the world. There is a long term lease affording the tenant the "RIGHT OF FIRST REFUSAL" when the landlord decides to sell the property.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
2300 sq. ft. +/- coin operated laundry, with private, off street parking. Well maintained, and could have greater profit potential with better management. Demographics available, upon request . LEASE IS BELOW MARKET RENT, LONG TERM!!
Market Competition and Expansion:
Competition: This business is on one of the busiest streets in the City of Miami. The market area is densely populated by middle, to lower socio-economic residents, who have a great need for this type of sanitary service, and have difficulty accessing them elsewhere. The location fits all of the necessary parameters for a business of this type. No other coin-op matches this for modern, customer friendly service in this marketing area!
Growth and Expansion: Pick up and delivery of drycleaning and wash-dry-fold services to Brickell and downtown area workers and residents could be a money making plus. The downtown area will certainly be understored as to a service of this type.
Reason for Selling:
Other interests.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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