Coin Laundromat: Absentee Owned w High Cash Flow

Not Disclosed, FL
Palm Beach County

Palm Beach County


Asking Price: Annual Revenue:
$299,000 $229,000

Services: Dry Cleaning & Laundry


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RE: Coin Laundromat: Absentee Owned w High Cash Flow Broker: Martin Berliant

Quick Facts

Asking Price: $299,000
Annual Revenue: $229,000
Net Profit: Not Disclosed
Cash Flow: $91,240
Total Debt: $91,240
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 2
BBN Listing #: 95029831
Broker Reference #: Not Disclosed

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Business Overview:

Outstanding coin laundromat in same premier location for 60 years! Laundromat has 35 total washers and 23 total dryers, all of which are in good working condition and built to last. Customers love the reasonable prices, outstanding location along very main artery, ample parking, and good service. Asking price of $299,000 is priced to sell fast. Long term lease in place for another ten years. Facility is 2,600 square feet and $5,000/month in rent. Coin laundry sales average $4,000/week and merchandise sales of soap and detergent averages $400/week. Owner is mostly absentee and only works a few hours per week to check on things and collect the cash. All machines fully paid for with no debt. Hours of operation are 5:30am-11pm 7 days per week. Buyer should be willing to appreciate the cash nature of this business. Please contact Martin Berliant or email for more information.

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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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