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Laundromat in Large Shopping Center right on Sunrise Highway. This store is located in a very busy shopping center with 2 large anchor stores, full occupancy and roughly 500 parking spaces. They offer coin laundry, wash & fold service, drop off dry cleaning and pick-up and delivery service. They feature a mix of new and older machines, however, the deal INCLUDES AN ADDITIONAL 21 DRYERS THAT ARE ONLY 5 YEARS OLD AND A 3 YR. OLD HOT WATER HEATER. THE NEW OWNER MUST ONLY PAY FOR INSTALLATION. In the past year the business grossed approx. $300,320.00 with a net cash flow of approx. $80,072.00. The seller keeps a detailed P&L to help verify all financials. There is an assumable lease with 4 years remaining and a landlord willing to add another 10 years for a qualified tenant. The current rent is $4,688/mth. for 1,600 sq. ft. The store operates 7 days from 6am-11pm. There are 2 F/T employees. We are seeking a serious and financially qualified buyer with at least $120K in liquid funds to cover the downpayment. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
The seller will train the new owner.
120,000.00 Down & $79K over 4 yrs. @ 6%.
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