Stores for Sale

West Palm Beach Laundromat Available. Over 25 years in Business!

$ 400,000.00

Details

ID: 198
Type: For Sale
Featured: No
Area: Southwest Florida, New Stores for Sale
Location: West Palm Beach, 33407, FL
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Description

Steady Cash Flow opportunity with this established Laundromat in West Palm Beach. Over 2,600 square feet, this business is in a Very Busy shopping center with a lot of parking and excellent neighboring tenants, including a popular supermarket, dollar store, and fast-food outlets. Having served the community for nearly 27 years, this Laundromat provides a reliable income stream, yet there’s significant potential to expand and boost profitability. While the current equipment is original and due for replacement, this presents an excellent chance to modernize and enhance operations. Financing options are available. Asking Price: $400,000.00 Gross Revenue: $300,000.00 EBITDA: $114,000.00 Rent: $7,200 per Month Established:1998

Laundromat

Aprox. Annual Gross Income :  $300,000

All figures are projected or approximate numbers. Sales and expense information has been provided to Laundry Brokers, Inc. by the Seller. Laundry Brokers, Inc. has not verified the accuracy of the information and purchaser should make any offers to purchase this business contingent on Seller documenting stated sales and expenses to purchaser's satisfaction. Purchaser acknowledges that Laundry Brokers, Inc. specifically neither guarantees any income nor profits from the use of the equipment. Purchaser represents and warrants that it is not purchasing a franchise. Nothing contained herein shall be construed as creating a franchise relationship. Please confirm asking Prices and Down Payments with your representative, as Laundry Brokers Inc. will not be responsible and/or liable for typographical errors.