High Volume Coin Laundry in Naples FL
Location: Florida > Collier County > Naples
Industry: Personal > Coin Laundry
Financials
Asking Price: $485,000
Gross Revenue: $328,188
Gross Revenue Comments: averaged over $335,000 over last 3 years
Cash Flow: $161,494
Cash Flow Comments: increasing year by year
Inventory: $500 (Included in Asking Price)
FF&E: $125,000 (Included in Asking Price)
Seller Financing: N/A
Business Summary
Established, high volume coin laundry in Naples. Simple, all CASH business. (Averaging more than a third of a million dollars/yr sales for the last 3 years). Part-time operation. Owner only works 17 hrs/wk. Equipment nearly new--excellent condition. One of the largest self-serve facilities in the area with 81 machines-- 47 washers and 34 dryers. To start a new coin laundry in Naples (if you can find a location), costs between $500K-$600K after new equipment purchase, outfitting, county impact fees and permitting--and up to a 1 year wait to earn your first quarter. Excellent location--20,000 cars/day traffic count. This established business allows you to start making money NOW. Training included. Color brochure available by e-mail. (Buyer's personal financial statement required.)
About the Business
Year Established: 1978
Employees: 1 full time - 2 part time
Facilities: 2200SF in strip shopping center
Market Outlook and Competition: one of largest facilities in area--81 machines
About the Sale
Management Training and Support: 2 weeks at no charge
Reason For Selling: Retirement
Attached Files - Attachment Disclaimer
high volume coin laundry158 KView | Download
9400717highvolumecoinlaundrylaundromanaplesfl.pdf308 KDownload

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Listing Tools
BizQuest ID:901050
Seller ID:9400717
Business Listed By
Name:Richard G. Naedel
Company:SAGE Commercial Properties & Business Brokerage
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.