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Established Industrial Laundromat In Largo For Sale

Largo, Florida, US
Asking Price:
$250K - $500K
Sales Revenue:
$1M - $5M
Cash Flow:
$250K - $500K

20,000-square-foot facility with multiple 250-LB washers and 170-LB dryers, as well as an automatic towel folder and an automatic sheet press.

Easily 1 million+ in equipment alone.

I am currently doing around 160k pounds of laundry per month

I just moved into a larger facility and got new equipment so everything is set up and ready to go for expansion.

current owner operator wishes to stay, so this is a partnership opportunity.

Property Information

Real Estate:

Lease

Leasehold Rent:

180k per annum

Location:

Industrial facility is located in a quiet area with ample parking

Premises Details:

A couple offices up front and the washing facility in the back.

Size in square feet:
20,000

Business Operation

Competition / Market:

very little competition in the laundry space once you get to this size.

Trading hours:

Monday-Sunday 9-5

Employees:
15
Years established:
8

Other Information

Support & training:

Current owner will offer any support and training necessary

Distressed:
This business is a turnaround opportunity.