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Business For Sale

Coin Laundromat - 2,000 sq ft $222K Gross

Delray Beach, FL

Services: Dry Cleaning & Laundry

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$185,000
$222,600
$55,000
$55,000
$50,000
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1974
1
49895080
Owner Financing is Available!
Seller will finance with $95K down

Business Overview:

Attractive and profitable laundry in a busy business and residential section of Delray Beach. 34 washers/39 dryers/natural gas. $222,600 sales are mainly coin plus light drop off wash and fold, phone cards and vending. Hands-on buyer will net $98K/yr. Current owner works +/- 10 hrs/wk and nets $55K/yr after paying full time attendant $43K/yr. Price is $160K cash, or $185K with $95K down and seller financing for balance.

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:

Nice 2,000 sq. ft. location with plenty of parking. Large shopping center looks great, and has Family Dollar and Monterey Supermarket anchors. Rent is $4,559/mo. Lease runs to 4/2015, then two five-year options. Annual 3% increases throughout.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: