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1-Coin Laundry in Miami Florida For sale

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USA Lending and Realty

Presents

Coin Laundry in Miami Florida for sale

As a savvy investor you want to make sure your money is spend wisely and your looking for an incredible investment? Just in luck, USA Lending and Realty presents Coin Laundry & Dry Cleaners/Wash & Fold for an incredible price of $439,000. Located in the beautiful MiamiFlorida where business is growing and growing in an amazing speed.

Gross Income $252,000

($21,000 mo. average)

Expenses $210,960

Rent $8,200 ($90 increase yearly)

Payroll $3,200

FPL $1,600

Water $1800

Garbage $200

Insurance $308

Phone $165

Gas $1300

Direct TV $80

Total $17,580

Total NOI $41,040

($3,420 average)

2,800 Sqft w/ lots of parking!!

58 Washers & 20 double Dryers!!

Great Location Very High Traffic!!!

Established since 1992

14 years left on lease!!

3 Full Time Employees Very Stable!!

Monday- Friday 7:00am-11:00am Saturday- Sunday 7:00am -12:00 am

Snack (1) & Vending Machines (2)

New Bill Changer

Far and away the most exciting city in Florida, Miami is a stunning and often intoxicatingly beautiful place. Awash with sunlight-intensified natural colors, there are moments – when the neon-flashed SouthBeach skyline glows in the warm night and the palm trees sway in the breeze – when a better-looking city is hard to imagine. Even so, people, not climate or landscape, are what make Miami unique. Half of the two million population is Hispanic, the vast majority Cubans. To Puerto Ricans, to Guatemala, Colombia, you will find people from all over the world. Spanish is the predominant language, English is important as well. With all the different cultures and such huge energy you will find miami the best place for business.

The coin-operated laundry industry has undergone a revolution. No longer dingy, unsafe, boring places that customers must endure on a weekly basis, laundrymats are becoming fun and attractive multi service centers that customers enjoy visiting. Coin laundry in Miami Florida for sale.Newer laundries have snack bars, a place to leave off and pick up dry cleaning, and video games. Some of them don’t even use coins. Instead, customers use swipe cards that subtract the cost of the wash or dry, much like a phone card or debit card. Many laundry owners also employ attendants to keep an eye on the store and help customers use the equipment.

As the population of the United States

grows, the number of renters—your main market—is likely to grow, too. Other social phenomena, like the prevalence of two-income families, suggest that convenient services such as wash-and-fold will continue to grow in popularity as working parents have less time to attend to household chores like laundry.In addition, office dress codes are growing increasingly less formal. And as more people wear casual clothing (which doesn’t require dry cleaning) to work and leave the nicer duds for special occasions, you may find that consumers will be making more trips to the laundromat.

There is many ways to display your coin laundry store a theme or a gimmick. For example, one store in San Francisco plays classic black-and-white movies on their TV, and the walls are covered with photographs of movie stars from the 1920s and 1930s. Another store in Texas displays the owner’s collection of antique laundry equipment.

Is all upto you to keep it simple or creative!