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: LAUNDROMAT - Newer Speed Queen EquipmentSegment: Laundromat - Wash, Dry & Fold,Dry Cleaning - Drop OffGeography: Tampa, Florida - Temple Terrace Area Asking Price: $ 275,000Revenue: $ 15,000 Projected Monthly $ 180,000 Projected Yearly Owner Benefit: $ 102,522 Projected FF & E: $ 175,000 - SEE LIST BELOW By resuming the services of Wash/Dry/Fold and Cleaner Pick-up, the owner benefit could be $130,752 (See details below) Established: Since 1988 - 20 YEARS IN BUSINESS! Expenses Per Month: Rent $2,800 (3 - 3 Year Options - 1 Year remaining on first term - 7 years on balance remaining) Gas $1,600.00 (includes $250/Mo pipe hookup to TECO) Elec. TECO $ 750.00 Supplies $ 150.00 Security System $ 50.00 Insurance $ 275.00 Phone Internal $ 109.00 Water $ 750.00 Total Monthly Expenses $6,454 X 12 Months = $77,448 REVENUE: $180,000 YEAR EXPENSES: $ 77,448 (BASED ON OWNER OPERATOR WITH PARTNER/FAMILY MEMBER - PART TIME) YEARLY OWNER BENEFIT: $102,552 ADDITIONAL REVENUE: WASH/DRY/FOLD $1,250/MONTH = $15,000 DRY CLEAN (PICKUP) $1,100/MONTH = $13,200 ADDITIONAL REVENUE $ 28,200 PER YEAR (DUE TO THE CIRCUMSTANCES OF THE SELLER, THE ABOVE SERVICES WERE STOPPED WHEN A FAMILY MEMBER LEFT THE STATE) SO.... POTENTIAL YEARLY OWNER BENEFIT COULD BE $130,752 PER YEAR
IDEAL LOCATION! LOCATION! LOCATION! You couldn't find a better location for a Laundromat than this one. Only 1 mile from major attractions, with hotels/motels and thousands of tourists with dirty laundry, only minutes from here and close to the University of South Florida Campus - with thousands of college students. For the Wash & Fold service, there is a large potential for commercial accounts, with all the Motels, Medical Offices, Misc. in this area.
After being established for 20 YEARS, everyone knows this LOCATION AND THE SECURITY! This is very important to people! The on-duty attendant provides change and offers laundry detergent, softener, etc. for sale. Wash, Dry and Fold & Drop Off Cleaning Service (could be) a substantial part of the monthly revenue. The current owner, due to his circumstances, has stopped the above drop-off services and dry cleaning service. His customers continually ask for them to be started again (great income potential - not being utilized). The current floor layout has perfect counter space for drop off and spacious racks for dry cleaning pick up. 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. Additional Income - Vending & Video Games: Owner has stopped doing vending & video games as well - due to his current circumstances - this could be an additional revenue source. While the customers wait for their clothes to washed and dried, they can enjoy video games or if they are hungry or thirsty, they can purchase candy or sodas from vending machines, which you would share in the revenue for these as well. Hours of Operation: 7 DAYS PER WEEK! Once again - the hours are limited because of the owner's circumstances - they should be significantly increased for INCREASED REVENUE!
(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 and customers are always wanting to put loads in after that time.) Also, they continually get requests from the apartments across the street to stay open later. (A great deal of lost revenue - this could be a real source of income - really under utilized). This business is priced as Owner-Operated, with a partner/family member as the 2nd employee. The best type of buyer would be an owner-operator with a wife or family member to be the "on-duty" counter help. 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 $30,000 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 - VALUED AT $175,000 (Purchased New in 2005) Total Value of Equipment is estimated to be WELL IN EXCESS of $180,000 and is included in the sale. 1 Vend Rite 8 Column Soap Vending Machine Model VM894 7 Speed Queen 14 lb. Top Load Washer Model VM 894 7 Speed Queen 18 lb. Horizon Washer Model SWFT61NW 6 Speed Queen 30 lb. Frontload Washer-Extractor Model SC30BC2 6 Speed Queen 40 lb. Frontload Washer-Extractor Model SC40BC2 4 Speed Queen 60 lb. Frontload Washer-Extractor Model SC60BC2 60 Greenwald Sentinel 8" money boxes Model GWD74126028 7 Service Locks (Top Load Washers) 7 6" Base Horizon 6 6" Base 30 6 6" Base 40 4 6" Base 60 1 White Stor-U-Veyor storage conveyor Model W-420 2 Speed Queen 50 lb. Dryer Model ST050BCLPW 1 Lochinvar Propane Water Heater Model LOCCNR-080-075LP 1 Legal for Trade scale Model RB 160 1 Caco 36" Table w/4 Fiberglass seats Model STF-3600 1 Caco Chair with 2 Fiberglass seats Model CMD-2 2 Caco Chair with 3 Fiberglass seats Model CMD-3 1 Caco laminated 24' X 72' Fiberglass table Model TFL-2472-B 7 Caco laminated 24' X 60' Fiberglass table Model TFL-2460-B 3 Caco laminated 24' X 48' Fiberglass Table Model TFL-2448-B 1 American Changer Rear-Loading Change Machine Model AC22225 w/Mars 1 Ademco Burglar Alarm System Model Vista20Plus 1 Digital Surveillance system Model Camera System 14 Speed Queen 30 lb. Stack Dryer Model STT30BCLPW
This Speed Queen Laundry - will not last long. SPEED QUEEN - ONE OF TOP NAMES IN THE BUSINESS, everyone knows how dependable these machines 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... Speed Queens will last for many years to come. 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 newer 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. 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.
|
|
|