Global Business Brokerage Inc. where you will experience a "World of Difference"
|
Global Business Brokerage Inc. where you will experience a "World of Difference"
|
|
|
Industry: MAYTAG LAUNDROMATSegment: Laundromat - Wash, Dry & Fold,Dry Cleaning - Drop OffGeography: Tampa, Florida - University of Florida & Busch Gardens Area Asking Price: $ 84,900 SORRY - JUST SOLD!Revenue: $ 122,500 Owner Benefit: $ 67,848 (Owner operated and managed) Established: Since 1986 - 19 YEARS IN BUSINESS! IDEAL LOCATION! LOCATION! LOCATION! You couldn't find a better location for a Laundromat than this one. Only 1/2 mile from Busch Gardens with hotels/motels and thousands of tourists with dirty laundry, only minutes from here and only one mile from the University of South Florida Campus - with thousands of college students. Also only 2 miles from the VA (Veteran's Administration Hospital), whose outpatients and families use this Laundromat on a regular basis. For the Wash & Fold service, there is a large potential for commercial accounts, with all the Motels, Medical Offices, hospitals, University etc. in this area.
After being established for 19 YEARS, everyone knows this LOCATION AND THE SECURITY with an attendant who is always on duty. Many customers go because they know it is always safe while the business is open. This is very important to people! The on-duty attendant provides change and offers laundry detergent, softener, etc. for sale. Customers also drop off clothing for dry cleaning. Wash, Dry and Fold is a substantial part of the monthly revenue. The facility has 3,000 SQ. FT., which includes a store room for additional equipment, and two bathrooms, all with great visibility from the busy road. It is immaculate, including the two bathrooms, with ample wash, dry and fold areas. A picture is worth a thousands words and the Broker has photos which he can e-mail to you. Additional Income - Vending & Video Games: While the customers wait for their clothes to washed and dried, they can enjoy video games (two machines on consignment) or if they are hungry or thirsty, they can purchase candy or sodas from vending machines, which he shares in the revenue for these as well. If the customer is really hungry, there is a convenient restaurant in the strip center. Do you want to shop? Next door is a Dollar Store which also draws a lot of customers to the Laundromat. The Dollar Store can keep you busy for hours while your clothes are drying. Hours of Operation: 7 DAYS PER WEEK!
(Note: You could stay open later hours and make more money, because it is always jam packed at closing. In fact, they have a sign they put up that the last wash can go in at 10:00 PM and customers are always wanting to put loads in after that time.) The best type of buyer would be an owner-operator with a wife or family member to be the "on-duty" counter help. The current hourly rate is $6.00 per hour. The business is currently open 108 hours per week. Currently, they pay two employees $6.00 per hour for a total of $848 per week or $3,392 per month. This could be cash in your pocket if a husband/wife/family member team worked it! NO IMPACT FEES FOR THE BUYER: If you were to open a new Laundromat, you would be charged $1,000 impact fee per machine or $33,000 for this facility if it were new. THERE ARE NO IMPACT FEES, since they have already been paid. OCCUPATIONAL LICENSE: The only license required is a County License - which cost $110 per year. EQUIPMENT (6 TO 10 YEARS OLD)
Total Value of Equipment is estimated to be WELL IN EXCESS of $50,000 and is included in the sale. FINANCIAL CONSIDERATIONS: Monthly revenue - $10,210 Breakdown of Monthly Revenue: Dry Cleaning $ 425.00 Detergent Sales $ 500.00 Wash/Dry/Fold $1,050.00 Coinage - Wash/Dry $7,917.00 Vending Machines $ 318.00 Total Monthly Revenue $10,200.00 Expenses Per Month: Lease $2,300.00 Lease Cam $ 350.00 Gas $ 700.00 Elec. TECO $ 640.00 Water $ 565.00 Total Monthly Expenses $4,556.00 TOTAL MONTHLY OWNER BENEFIT = $5,654 * TOTAL ANNUAL OWNER BENEFIT = $67,848* * Owner-Operator - (no additional labor) This Maytag Laundry - will not last long. MAYTAG - The TOP NAME IN THE BUSINESS, everyone knows how dependable Maytags' are and the name brand recognition alone attracts many people. They know this will be a NICER Laundromat, where their clothing will be pampered with great equipment. You also have the advantage of knowing that the equipment... Maytags will last for many years to come. They cost a little more, but they are truly indestructible. MUCH ROOM FOR GROWTH: There is a lot of room for growth - with a little bit of marketing in the area to aggressively sell the commercial side of the business to other businesses in the area. Right adjacent to the strip center is a new Apartment House complex, with 800 units, with single people who work and don't have time to do their own laundry. As mentioned above, there is also a large potential for commercial accounts in this area - Busch Gardens, Hospitals, The University, Hotels, Motels, and many other offices and professional establishments. Dry Cleaning could also be expanded and possibly a personalized "pick up service at the apartment complex or the businesses in the area" would be an excellent way to generate more business. Also, a husband/wife would save additional money, by making this a "Mom/Pop" business. Can also be run partially absentee, if you wanted this as a second business. Just come in and collect the money every week. The choice is yours and the possibilities for growth are excellent. Call today, this business will not last long on the market. Viewing: Prospective buyer financial qualification required prior to further disclosure and showing. Disclosure: Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis. Information provided herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.
|
|
|