Thriving Commercial Laundry For Sale

Palm Beach County, FL

Thriving Commercial Laundry For Sale
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Asking Price: Get Financing: $725,000

Cash Flow: $140,377

Gross Revenue: $1,045,206

EBITDA: N/A

FF&E: $125,000

Inventory: $150,000

Lease Rate: $0.83 /SF/Month

Established: 1988

Thriving Commercial Laundry For Sale

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Business Description

Established and Very Profitable Commercial Laundry For Sale

30 Year Old Commercial Laundry servicing Palm Beach and Broward Counties in Florida. The company has an excellent reputation. Over 85 accounts serviced. All growth is generated from word of mouth and referrals. Company does not utilize any sales people. Tremendous opportunity for growth. Excellent lease in place. $150K of inventory included in the sale price. Please refer to listing number 6401-66243 and advisor Rick Kittay when inquiring.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
2/28/2021
Employees:
19
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: $3300, Square Footage: 4000, Building Type: Industrial Strip Terms & Options: Flexible Expiration Date: 12/31/2021
Support & Training:
Seller will train for four weeks at no additional cost
Reason for Selling:
Retirement
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Contact the Seller

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Rick Kittay

Business Listed By:
Rick Kittay

Transworld Business Brokers

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Sponsoring Broker:
Andrew Cagnetta

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