Two Locally Owned and Operated Coin Laundromats

Not Disclosed, FL
Hernando County


Asking Price: Annual Revenue:
$1,200,000 $658,460

Services: Dry Cleaning & Laundry


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RE: Two Locally Owned and Operated Coin Laundromats Broker: Dave DeCamella
Owner Financing is Available!
Loan/Other: Amount: $1,055,000 Months: 192; Rate: 5.75% Monthly Payment: $8,416.87

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $658,460
Net Profit: Not Disclosed
Cash Flow: $169,713
Total Debt: Not Disclosed
FF&E: $450,000
Real Estate: $500,000
Year Established: 1990
Employees: 12
BBN Listing #: 5254630
Broker Reference #: 3353114663

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Business Overview:

Two Highly Successful locally owned and operated Coin Laundromats with a Dry-Cleaning Plant, Drop store, and Routes. Both locations are in highly visible, high traffic areas, with many repeat customers. The Main location operates as both a Coin Laundry and Dry-cleaning Plant and provides pick up and drop off services. The alternate location is a Coin Laundromat with a dry-cleaning drop store. Both the Building and Property of the first location are included in the sale, while the alternate location is operated under a separate lease. This complete Garment-care business provides Top quality dry cleaning, Executive shirt service, Alterations, Leather and Suede cleaning, Area rug cleaning, Wedding Dress cleaning and preservation, along with two modern, self-service laundromats, offering highly profitable, robust Wash Dry Fold services. Also included with the business are two high-growth Residential and Commercial Pick-up and Delivery Routes for Dry Cleaning and Wash Dry Fold. This business includes a well-trained and experienced part- time staff with two full-time Managers. Excellent training for new owner will be provided. This is a profitable, easy to learn business, with excellent potential for growth. Please refer to listing 3353-114663, Agent Dave DeCamella when inquiring about this listing. Thank you!

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Market Competition and Expansion:

Miles Seller Not to Compete Within 50 Number of Years Seller Not to Compete For 3

Reason for Selling:

Retiring

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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