MergerPlace

Two Locally Owned/Operated Coin Laundry

Florida (Hernando)


  • Asking Price: $1,200,000
  • Gross Income: $658,460
  • Cash Flow: $169,713
  • Real Estate: $500,000
  • Inventory: $5,000
  • FF&E: $450,000
  • Listing ID: #227079
  • Established: 1990
  • Employees: 12

Business Description

Two Highly Successful locally owned and operated Coin Laundromats with a Dry-Cleaning Plant, Drop store, and Routes. Both locations are in highly visible, high traffic areas, with many repeat customers. The Main location operates as both a Coin Laundry and Dry-cleaning Plant and provides pick up and drop off services. The alternate location is a Coin Laundromat with a dry-cleaning drop store. Both the Building and Property of the first location are included in the sale, while the alternate location is operated under a separate lease. This complete Garment-care business provides Top quality dry cleaning, Executive shirt service, Alterations, Leather and Suede cleaning, Area rug cleaning, Wedding Dress cleaning and preservation, along with two modern, self-service laundromats, offering highly profitable, robust Wash Dry Fold services. Also included with the business are two high-growth Residential and Commercial Pick-up and Delivery Routes for Dry Cleaning and Wash Dry Fold. This business includes a well-trained and experienced part- time staff with two full-time Managers. Excellent training for new owner will be provided. This is a profitable, easy to learn business, with excellent potential for growth. Please refer to listing 3353-114663, Agent Dave DeCamella when inquiring about this listing. Thank you!


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Florida
County: Hernando

Company Information

Year Established: 1990
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $1,200,000
Gross Revenue: $658,460
Cash Flow: $169,713
FF&E: $450,000
Inventory: $5,000
Real Estate: $500,000
Seller Financing Available: Yes

Property Information

Facilities:

Building Type: Plaza

Competition:

Non Compete: Miles: 50 Years: 3

Reason for selling:

Retirement

Support & Training:

Will train for 3 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Dave DeCamella

Transworld Business Brokers of Central Florida