Full Service Linen and Commercial Laundry in Miami

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$750,000 $862,556

Services: Dry Cleaning & Laundry


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RE: Full Service Linen and Commercial Laundry in Miami Broker: Jose Penalver
Owner Financing is Available!
Loan/Seller - Amount: $100,000 Months: 24 Rate: 8.00% Monthly Payment: $4,522.73

Quick Facts

Asking Price: $750,000
Annual Revenue: $862,556
Net Profit: Not Disclosed
Cash Flow: $250,654
Total Debt: Not Disclosed
FF&E: $240,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 10
BBN Listing #: 5176630
Broker Reference #: 2201500316

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Business Overview:

Well-established full-service linen and commercial laundry. More than 6,000 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 included in the sale. Servicing 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. The owner is ready to retire. Please refer to listing number 2201500316, business broker Jose Penalver when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $6,650; Square Footage: 6,000; Building Type: Commercial; Expiration Date: 12/17/2021.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 2

Reason for Selling:

Retirement

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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