Semi Absentee Run Laundromat for Sale

Not Disclosed, FL
Volusia County


Asking Price: Annual Revenue:
$595,000 $326,539

Services: Dry Cleaning & Laundry


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RE: Semi Absentee Run Laundromat for Sale Broker: Bianca Evans

Quick Facts

Asking Price: $595,000
Annual Revenue: $326,539
Net Profit: Not Disclosed
Cash Flow: $143,786
Total Debt: Not Disclosed
FF&E: $105,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 3
BBN Listing #: 823118747
Broker Reference #: 7101984672

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Business Overview:

Great opportunity for an investor looking for a return with minimal involvement. This self-service laundromat with drop off service includes 34 washers and 18 dryer stacks and much more. Well-known brands. Newer models and well-maintained equipment and facilities. Professionally run with good books & records. Manager is running day to day activities and seller is working no more than 5 hours per week on the business. Adjustment has been made for one full time owner operator as manager is paid ~$22,800 annually. Two of the three employees have been with the company for several years and there is minimal turnover. Please refer to listing 7101-984672 and advisor Bianca Evans when inquiring on this listing.

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Property Features and Assets:

Lease/Month: $4,825; Square Footage: 2,800; Building Type: Strip; Terms & Options: one 5 year; Expiration Date: 1/31/2024.

Reason for Selling:

Other

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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