Services - Drycleaning/Laundry

Asking Price	$64,900	Inventory	$400*
Gross Income	$53,786	Real Estate
Cash Flow	$7,072	Year Established	1983
FF&E	$55,000*	Employees	1

* included in the asking price

** not included in the asking price

Coin Laundry Close To The Beach

Coin laundry with drop off service needing personal attention, owner living out of state. Capitol improvements over the last two years $38,000 including new machines. Live at the beach and work only minutes away. Includes all equipment including coin changer, soap machines, pop machine, and candy machine. This is the biggest laundry in the area. Five year lease with two five year automatic options. This business previously provided $35,000- $45,000 net income with sales of $95,000.

Facilities: 27 30LB dryers, 21 top loaders including a 40lb and 35lb, 15 front loaders, coin changer, 2 TV, video surveillance, register, and everything needed to operate the business. A/C

Competition: One laundry in Edgewater that is half the size and does not have A/C.

Growth/Expansion: Drop off business is half of what it used to be. New owner can increase by selling service to condo complexes which are countless in number in New Smyrna Beach. Also can expand hours of operation to increase sales.

Financing: Will finance up to 50% to qualified buyer for 5 yrs @ 8%

Support/Training: Two weeks

Reason Selling: Live out of state, no time to operate