Desirable Laundry & Dry Cleaners

Opa Locka, FL
Miami Dade County

Asking Price: Annual Revenue:
$285,000 $363,049

Services: Dry Cleaning & Laundry

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RE: Desirable Laundry & Dry Cleaners Broker: JM de los Rios
License #: BK708920
Owner Financing is Available!
$50,000 @6.0% for 24 months.

Quick Facts

Asking Price: $285,000
Annual Revenue: $363,049
Net Profit: Not Disclosed
Cash Flow: $81,166
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 3
BBN Listing #: 52311249
Broker Reference #: 13483522

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Business Overview:

This top quality, high volume laundromat offers Laundry, Commercial Laundry, Wash & Fold and Dry cleaning. This Coin Laundry offers both self service and full service laundry including a dry cleaning agency! Parking is great, the demographics are good and competition is limited. . The store has Speed Queen washers and Huebsch dryers. 20 20LB, 14 40LB, 5 60LB, 2 80LB, 1 100LB and 4 Horizons, as for dryers, there are 40 30LB and 8 40LB. This is a great part-time business for people from all walks of life wishing to supplement their income. Self service laundries historically perform very well during recessionary times! 50% of their revenues are in cash. Financial Information from Actual Sept 30, 2019 P&L

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Property Features and Assets:

4,500 square feet - in strip mall; Lease/month: $9,742; Term/options: 2-5 year option; 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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