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  • RE:  Full Service Linen And Commercial Laundry In Miami
  • Contact:  JOSE PENALVER
Owner Financing is Available!
Loan/Seller- Amount: $500,000 Months:60 Rate:9.00% Monthly Payment:$10,379.18

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $1,628,821
Net Profit: Not Disclosed
Cash Flow: $525,347
Total Debt: Not Disclosed
FF&E: $240,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 10
BBN Listing #: 235318747
Broker Reference #: 7101500316

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Business Overview:

Well-established, full-service linen and commercial laundry. More than 10,500 Square Feet plant, fully equipped with 13 industrial washers, 12 industrial dryers, and more, with a capacity to clean more than six thousand pounds per shift. Two trucks and a van are included in the sale. Servicing more than 160 loyal customers including hotels, restaurants, event planning companies, rental party companies, and more. Well-trained and loyal staff in place. Centrally located to provide service to Miami-Dade and Broward counties. Please refer to listing #7101500316 and ask for Jose Penalver when inquiring.

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Property Features and Assets:

Lease/Month: $16,207;Square Footage: 10,500;Building Type: Warehouse; Terms & Options: 2;Expiration Date: 10/31/2025.

Market Competition and Expansion:

Non Compete: Miles: 10 Years: 5

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 homebased business opportunity.
  • This is not a franchise resale opportunity

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