Well Established Laundromat

Daytona Beach, FL
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Asking Price:$511,000
Gross Revenue:$235,317
Rent:$2,500/Month
Established Year:2005
Cash Flow:$94,592
Inventory:$500
FF&E:$150,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Daytona Beach, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,200
Lease Expiration
01/09/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
The seller will train for 2 weeks, no cost
Reason for Selling
Relocating
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Wayne
Fuller
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Wayne Fuller