12-Coin Laundry at a great price for sale

Reason for Sale: Long commute to the business.Est 15 year old coin laundry in Miami . Great location on a very busy artery.Services offerered are self serve,dry clean,wash n fold & alterations+ vending revenue. Lease extends to 2015. Over $180k worth of equipment. Owner benefit $104k as an absentee owner. Exp staff in place. 2010 sales will finish around 280k. Complete video and picture slide show available to a qualified buyer. All buyers to supply financial statement prior to meeting with owner.
| Data Source | Owner to Prove | ||||
| Year (Cash Flow) | 2010 (Y) | (N) | (N) | ||
| Gross Revenue | 280,740 | 0 | 0 | ||
| Cost of Goods | 0 | 0 | 0 | ||
| Gross Profit | 280,740 | 0 | 0 | ||
| Expenses | 176,052 | 0 | 0 | ||
| Net | 104,688 | 0 | 0 |
Owner benefit: $105,000
Asking Price: $300,000
For more information, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com

