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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Coin Laundry Laundromat With Low Down Payment For Sale

Location  Florida,United States
Asking Price Range  < $250K
Gross Revenues  $137000
Net Profit / Cash Flow  $23000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1970
Number of Employees  1 - 3
Inventory  60000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Full Support and Training.
Reason for Sale  Retirement.
Description  Prime location on main highway in very busy shopping center! The owner has contracts with individuals to operate the wash, dry, fold business. They pay all the costs related to their business for their customers that drop off their laundry to them, including payment into the owner's washers and dryers just as any other customers, along with paying for their bags, soap, etc. They make a profit based on what they charge their customers for the wash, dry and fold. Additionally, the owner paid them a total of $11,821 in 2011 for their help with the self-service customers. This part of the operation can be brought in-house; then two working owners, or 1 working owner with help, would earn the $11,821 present payroll, plus the current owner's take home in 2011 of $23,190 for his 5-10 hours a week of work (for a total of $35,011), plus the income from the drop-off customers. Price $55,000 with Seller financing! No commission co-brokerage for brokers.
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