Well Established Laundromat

This is a very nice laundromat located on a major thoroughfare in Daytona Beach. All machines are up and working well and the laundromat shows great. Approx. 2200 sq ft. with reasonable rent. The assumable lease can be extended as well. Long-term management in place that can provide absentee ownership. The manager is also capable of fixing equipment when needed so will save the new owner time and money. Thriving wash, dry, and fold business along with some commercial accounts. nothing is needed in this laundromat. Moneymaker from day one.

Down Payment: $511,000

Cash Flow: $94,592

FFE: $150,000

FFE Included: Yes

Inventory: $500

Inventory Included: Yes

Year Established: 2005

Days & Hours of Operation: 7:00AM - 7:00PM Monday - Sunday

Owner Hours Per Week: 15

Managers: 0

Monthly Rent: $2,500

Square Footage: 2200

Reason For Sale:

Relocating

Training & Support:

2 weeks, no cost