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Palm Beach County

  • Listing No.: 109-10398

  • Category: Laundromat

Asking Price $79,000.00
Down Payment $79,000.00
Gross Revenue $120,000.00
Total Adjusted Net Income $18,420.00
Equipment / Fixtures $30,000.00
Year Established 1988
General Location Palm Beach County
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Coin Laundromat for Sale along main road in urban area of Palm Beach County with tremendous amount of potential clients. Established for 30 years in the same location, this laundromat features 30 washers and  20 dryers (including six brand new machines that owner just installed). Store is 2400 square feet, $2600/month rent, and has twelve years remaining on lease. Hours are 6am-9pm 7 days per week. Owner is absentee and has other business interests. Two full time employees oversee the store (paid $2,000/month in total and can be replaced by a working owner). Also does wash and fold on premises. Asking price of $79K. Buyers must observe business in action in order to verify income. Please email for more information. Nondisclosure form is required.

Gross Revenue $120,000.00 Listed Price $79,000.00
Total Income $18,420.00 Down Payment $79,000.00
Base Rent Square Feet 2400
Total Rent $2,600.00 Lease Expiration 9/2030
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $30,000.00 Other Assets
Full-Time Employees 2 Training Period two weeks
Part-Time Employees Special License Required
Contract Staff Reason for Selling other business interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.