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


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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

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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

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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.

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