Services - Drycleaning/Laundry

Asking Price	$599,000	Inventory	TBD- dry cleaning**
Gross Income	$480,000	Real Estate
Cash Flow	$120,000	Year Established	1990
FF&E	yes*	Employees	7

* included in the asking price

** not included in the asking price

The coin laundry occupies 2300+/- sq feet. Private, off street parking lot. The equipment might be able to be converted to "SMART CARD OPERATION", allowing you to verify income, monitor the business, ie: see and hear inside from anywhere in the world. There is a long term lease affording the tenant the "RIGHT OF FIRST REFUSAL" when the landlord decides to sell the property.

Facilities: 2300 sq ft +/- coin operated laundry, with private, off street parking. Well maintained, and could have greater profit potential with better management. Demographics available, upon request . LEASE IS BELOW MARKET RENT, LONG TERM!!

Competition: This business is on one of the busiest streets in the City of Miami. The market area is densely populated by middle, to lower socio-economic residents, who have a great need for this type of sanitary service, and have difficulty accessing them elsewhere. The location fits all of the necessary parameters for a business of this type. No other coin-op matches this for modern, customer friendly service in this marketing area!

Growth/Expansion: Pick up and delivery of drycleaning and wash-dry-fold services to Brickell and downtown area workers and residents could be a money making plus. The downtown area will certainly be understored as to a service of this type.

Financing: 0

Support/Training: Tbd

Reason Selling: Other Interests.