Business Overview:
Revenue and Profitability of this location have continued to defy the recession with steady sales and profits. Location, Location, Location (next to a Walmart!) is the key to success in this business. The long term lease with very small escalations ensures the new owner of long term stability in expenses. The store is managed by on-site staff that performs wash/fold and cleaning of the store, requiring very little owner involvement.
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:
The facility is approximately 3,300 square feet, located in a very large strip center anchored by WalMart, and numerous restaurants, grocery stores, and miscellaneous retailers. You simply cannot get a better location than this store. The store is very well equipped with 42 washers, 51 dryers, 12 folding tables, camera surveillance system, alarm system, vending and amusement machines, and much more.
Market Competition and Expansion:
This business is very easy to run, requiring little owner involvement other than collecting your cash! This is a great semi-passive business opportunity. The long term lease, highly desirable location, and top of the line equipment make this arguably one of the best coin laundries in the Tampa Bay Area.
Reason for Selling:
new venture
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.
- This is not a distressed business or bankruptcy situation.