Miami Mortgage News

55- Coin Laundry at a great price for sale

October 29th, 2016 6:18 PM by Nour Ailan


Reason for Sale: Long commute to the business.Est 15 year old coin laundry in Miami . Great location on a very busy artery.Services offerered are self serve,dry clean,wash n fold & alterations+ vending revenue. Lease extends to 2015. Over $180k worth of equipment. Owner benefit $104k as an absentee owner. Exp staff in place. 2010 sales will finish around 280k. Complete video and picture slide show available to a qualified buyer. All buyers to supply financial statement prior to meeting with owner.

Data SourceOwner to Prove   
Year (Cash Flow)2010 (Y)(N)(N)  
Gross Revenue280,74000 
Cost of Goods000 
Gross Profit280,74000 
Expenses176,05200 
Net104,68800

Owner benefit: $105,000

Asking Price: $300,000

For more information, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com
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Posted by Nour Ailan on October 29th, 2016 6:18 PM

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