Well Established South Florida Laundromat For Sale

Business description

Huge Price Reduction! Well Established South Florida Laundromat For Sale For only $55,000! Seller is looking for a CASH buyer.This is a great deal on a laundromat that has approximately $60,000 worth of inventory plus furniture, fixtures and equipment worth approximately $5,000. The sale includes 17 top loader, 12 double loader, 5 triple loader and 2 quadruple loader washing machines, 26 dryers, 6 folding tables, 10 clothes carts, television, 2 vending machines for snacks and drinks, a security system, new air conditioning upgrade and more. Owner expanded the electric panel for $5000 ready to increase business and new AC unit on the roof for $6000 less than 8 months ago. This laundromat has been around since the 1990's. Current Owner has owned it since 2005 and has been operating the business as an absentee owner. He is now ready to sell as he has another business interest taking up his time and cannot be onsite himself. The laundromat could do much better with a hands-on owner taking charge or an employee willing to go the distance to help publicize the business, introduce more advertising and promotion. The business would also benefit by hiring additional staff. Owner states that It will take some work from the person that buys the laundromat to make a good profit But they will be getting a real DEAL .Contact now to hear more information.

Property information

Real Estate:

Lease

Lease terms:

Call for details

Location:

Located in a leased facility covering a spacious 1400sq.ft. Pompano Beach is known for its small town feeling and is in East Broward County in South Florida. This area is known as the Gold Coast and boasts some of the world's best sport fishing and challenging tournament class golf courses. Team sport fans can watch baseball's Florida Marlins, football's NFL Miami Dolphins and basketball and hockey's Miami Heat and Florida Panthers With miles of beautiful beaches and warm waters of the Gulf Stream this is an ideal place to live and work. call for more information.

Premises details:

Located in a leased facility covering a spacious 1400sq.ft.

Business Operation

Expansion potential:

Lots of potential for expansion. An enthusiastic new owner can increase business by hiring additional staff, promoting the business, advertising and marketing the business and even by running the business. this business makes money without much effort!

Competition / Market:

Some competition

Reasons for selling:

Other business interest of absentee owner

Trading hours:

Hours of Operation are 7 days a week from 8:00am to 8;00pm

Employees:

3

Years established:

Since 1990

Other information

Support & training:

Training and support will be offered for up to two weeks.

Financing available:

Seller is looking for a CASH buyer

Furniture / Fixtures value:

$5,000 (included in the asking price)

Inventory / Stock value:

$60,000 (included in the asking price)