E2 Visa Miami Coin Laundry

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Asking Price:
$119,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$44,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

LOCATION,LOCATION,LOCATION. THIS ITS A GREAT OPPORTUNITY TO OWN A PROFITABLE family own Coin Laundry.
16 Brand New DEXTER Washer: 10 - 20 Lbs., 4 - 30 Lbs. and 2 - 40 Lbs. Plus 14 30 Lbs Dryers and one Bill Change, 2 folding tables and a gas water heater.
Low Rent & Overhead.

About the Business

Location:
Miami, Florida
Year Established:
1998
Number of Employees:
1pt
Real Estate:
Leased
Building Sq. Ft.:
1,000
Rent:
$1.50 Per Month
Lease Expiration:
4/30/2027
Facilities:
This coin-operated laundry facility is operating in a 1,000sf, in-line shopping center space. This center offers plenty of parking and great signage. The location features a 5-year lease with three 5-year options. Over 90% of the 120,000 people within two miles are Hispanic, and 51% of the 39,500 households are renter-occupied. This store feature 16 brand new DEXTER Commercial Washers. This sale will include a small cafeteria inside the store (PIZZA, Empanadas, Croquettes soda etc).

DO NOT DISTURB OWNERS OR EMPLOYEES!

Thank you!
Market Outlook/
Competition:
Well established family owned and operated

Gross income over $90K per year. Very good locations and busy traffics. Only serious buyers need inquire. Due diligence will be done on buyers. Showings on an appointment basis only. Seller is ready to sell, but not desperate. This business will move fast!
Growth & Expansion:
Huge potential for growth with advertisement, possible delivery and Dry Cleaning Drop Off Service. Great landlord.
Most competitors are outside of a 10 mile radius. This business is running at 45% of capacity, so with additional staff and marketing, you could be making a very good living at 75% of capacity.
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About the Sale

Reason For Selling:
Moving to another business
Training/Support:
Two week at no extra cost (FREE)
Seller Financing:
CASH

Listing Info

ID:
1362848
Ad Detail Views:
4071

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$
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Business Listed by

Adin Garcia

York Investments corp
License# LS 3367055

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