Coin Laundromat for Sale

Not Disclosed, FL
Palm Beach County

Palm Beach County

Asking Price: Annual Revenue:
$79,000 $120,000

Services: Dry Cleaning & Laundry

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RE: Coin Laundromat for Sale Broker: Martin Berliant

Quick Facts

Asking Price: $79,000
Annual Revenue: $120,000
Net Profit: $18,000
Cash Flow: $18,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 2
BBN Listing #: 46929831
Broker Reference #: Not Disclosed

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Business Overview:

Coin Laundromat for Sale along main road in urban area of Palm Beach County with tremendous amount of potential clients. Established for 30 years in the same location, this laundromat features 30 washers and 20 dryers (including six brand new machines that owner just installed). Store is 2,400 square feet, $2,600/month rent, and has twelve years remaining on lease. Hours are 6am-9pm 7 days per week. Owner is absentee and has other business interests. Two full time employees oversee the store (paid $2,000/month in total and can be replaced by a working owner). Also does wash and fold on premises. Asking price of $79,000. Buyers must observe business in action in order to verify income. Please email for more information. Nondisclosure form is required.

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Reason for Selling:

Other business interests.

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.

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