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Profitable Commercial Laundry with Real Estate for Sale in FL

Broward County, FL
Asking Price:$4,000,000
Real Estate:$1,250,000
EBITDA:$500,000
Established Year:2016
Listing ID: 2309331Listing provided by BizBuySell
BUSINESS DESCRIPTION

Broward County Florida

Well established Commercial Laundry, with over 7 years of business for Sale. The Laundry is being sold with an existing book of business, including clients and contracts. The Sale includes the Business, Real Estate, as well as Operational Equipment and 3 Delivery Trucks. Business is well established, providing a gross income est. of over $2,200,000/yr (2023) netting over $400,0000. The Real Estate included in the Sale consists of a 5500 sqft Building on 15,000 sqft of Land with an est. value of over $1,250,000. Further info provided after signing Confidentiality Agreement.

ATTACHED DOCUMENTS
$4M Commercial Laundry 1.pdf.pdf Download
DETAILED INFORMATION
Location
Broward County, FL
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,500
Employees
15
Facilities
The Laundry is being sold with an existing book of business, including clients and contracts. The Sale includes the Business, Real Estate, as well as Operational Equipment and 3 Delivery Trucks. The Real Estate included consists of 2 adjacent parcels totaling 15,000sf, with a 5500sf building on one parcel.
Competition
Though there is business competition in the market, there is still substantial untapped potential, with new hotels and hospitality establishments openning.
Growth & Expansion
Seller has been working towards retirement since 2022, so has not aggressively pursued many new clients. The existing clients are well serviced and the business has a strong reputation. The Seller previously had the intention to expand the operation onto the adjacent property. This has the opportunity to more than double capacity.
Financing
Some Seller Finance available
Support & Training
Seller is open to discuss a training period and consultancy thereafter.
Reason for Selling
Seller is retiring.
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Steven Falus
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Steven Falus
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