Fantastic Combo of 2 Laundromats w/ 125 Washers

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$500,000 $807,561

Services: Dry Cleaning & Laundry

Request More Information
Contact the Seller

RE: Fantastic Combo of 2 Laundromats w/ 125 Washers Broker: JM de los Rios
License #: BK708920
Owner Financing is Available!
$50,000 @6.0% for 24 months;

Quick Facts

Asking Price: $500,000
Annual Revenue: $807,561
Net Profit: Not Disclosed
Cash Flow: $188,488
Total Debt: Not Disclosed
FF&E: $213,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 5
BBN Listing #: 23681249
Broker Reference #: 13483528

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

This is a Combo of two Stores 3 miles apart at a Reduced Price. Please look at Listings 134-83522 and 134-83525 for separate Stores. This top quality, high volume laundromats offer Laundry, Commercial Laundry, Wash & Fold and Dry cleaning. These two Coin Laundry offer both self service and full service laundry including a dry cleaning agency! Parking is great for both locations, the demographics are good and competition is limited. Seller just added a flatwork iron for Commercial Laundry and Kids Games. The stores have Speed Queen washers and Huebsch dryers. 34 20LB, 14 40LB, 19 60LB, 5 80LB, 2 100LB, 4 Horizons and 9 Top Loaders, as for dryers, there are 84 30LB, 8 40LB, 15 50LB and 1 CMV Sharper Finish Flatwork Iron. This is a great part-time business for people from all walks of life. Purchase all two locations for $500,000 or purchase each location individually. 50% of their revenues are in cash. Financial Information from Actual Sept 30, 2019 P&L

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

8,000 square feet - In Strip malls; Lease/month: $18,842; Terms/options: 2-5 year/negotiable; Lease expires: 7/21/2020.

Reason for Selling:

Too far from home.

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!