14-South Miami Commercial Laundry for sale

Reason for Sale: Long commute to the business.Est 15 year old Commercial linen & coin laundry in one location.Services offerered are linen cleaning,self serve,dry clean,wash n fold & alterations.Comm’l linen operation services restaurants,hotels,medical clinics. Website helps generate new comm’l accounts. 50 % of the sales are linen/ 40 % coin op (self serve).2 delivery trucks included in the sale. 2 exp drivers covers 2 routes. Lease extends to 2015. Over $250k worth of equipment. Owner benefit $270k +

Data Source Owner to Prove Owner to Prove    
Year (Cash Flow) 2010 (Y) 2009 (Y) (N)    
Gross Revenue 517,500 443,963 0  
Cost of Goods 0 66,821 0  
Gross Profit 517,500 377,142 0  
Expenses 246,516 265,187 0  
Net 270,984 111,955 0  

Owner Benefit: $271,000

Asking price: $660,000

For more information, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com

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Tuesday, August 10th, 2010 Dry Cleaners
Map

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MIAMI BUSINESS FOR SALE © 2010 All Rights Reserved. A FARAH GROUP COMPANY. Admin.
U.S.A. LENDING & REALTY, INC. IS A FLORIDA LICENSED REAL ESTATE BROKERAGE BUSINESS.