Profitable & Established Laundromat in Great Location!

Ormond Beach, FL (Volusia County) (Relocatable)

Profitable & Established Laundromat in Great Location!
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Asking Price: Get Financing: $265,000

Cash Flow: $120,000

Gross Revenue: $165,000

EBITDA: $120,000

FF&E: N/A

Inventory: $300*

Lease Rate: $8 /Month

Established: 2005

*not included in asking price.

Profitable & Established Laundromat in Great Location!

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Business Description

Great operating laundry mat business with excellent cash flow. Easy management with owner willing to train new owner for best operating results. Business able to run with very little hands on necessary. Business netting over $100,000 on annual basis....BE YOUR OWN BOSS!!!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
9/23/2019
Employees:
2
Facilities:
2100 sqft in strip mall with C-Store & 2 additional Offices
Competition:
Great Location off the Ridgewood Ave
Growth & Expansion:
Lots of Room for Expansion with New Owner soliciting for New Business
Support & Training:
Owner will train & stay for a reasonable amount of time. They will help with current customers & ideas for expanding the Business
Reason for Selling:
Family Situation
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Contact the Seller

(from currently available funds)
 
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BIll Parks

Business Listed By:
BIll Parks

Florida Homes Realty and Mortgage

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