Desirable Laundry & Dry Cleaners in Opa Locka

Opa Locka, FL (Miami-Dade County)

Seller Financing Available
Desirable Laundry & Dry Cleaners in Opa Locka
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Asking Price: $265,000

Cash Flow: $81,166

Gross Revenue: $363,049

EBITDA: N/A

FF&E: $115,000

Inventory: $1,000

Rent: $9,742 /Month

Established: 2005

Desirable Laundry & Dry Cleaners in Opa Locka

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Business Description

Desirable Laundry & Dry Cleaners in Opa Locka

This top quality, high volume laundromat offers Laundry, Commercial Laundry, Wash & Fold and Dry cleaning. This Coin Laundry offers both self service and full service laundry including a dry cleaning agency! Parking is great, the demographics are good and competition is limited. The store has Speed Queen washers and Huebsch dryers. 20 20LB, 14 40LB, 5 60LB, 2 80LB, 1 100LB and 4 Horizons, as for dryers, there are 40 30LB and 8 40LB. This is a great part-time business for people from all walks of life wishing to supplement their income. Self service laundries historically perform very well during recessionary times! 50% of their revenues are in cash. Financial Information from Actual Sept 30, 2019 P&L

Detailed Information

Location:
Opa Locka, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
7/21/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In Strip Mall
Financing:
50,000 @6.0% for 24 months
Support & Training:
2 weeks at no cost
Reason for Selling:
too far from home
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(from currently available funds)
 
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JM de los Rios

Business Listed By:
JM de los Rios

Amerivest Group

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Sponsoring Broker:
Frank Rubin

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