HS Listing ID-68847

Asking Price: $199,000

Annual Figures:

2025 Gross Revenue: ~$144k

2025 Net Profit: ~$43k

2025 Annual Expenses:

Rent: $13,800

Payroll: $49,920 (960 per week)

Electric: $2,500

Water/Sewer: $13,500
Natural Gas: $6,000

Insurance: $3,000

Equipment

All equipment is Wascomat

17 washers (3 sizes: 20lb, 40lb, and 60lb)

22 dryers (2 sizes: 30lb and 35lb)

All machines are ~20 years old +, but in good condition. (except 4 of the dryers are brand new)

Three Phase Break Panel just replaced ($4500)

Tankless Gas Water Heater installed approx. 4 years ago

NO VENDING MACHINES

Business Overview

Do you use any type of software for anything? Curbside? Cents? NO

4 Brand New dryers installed (2 stacks) – payment is 293 per month for 5 years (assumable with Mitsubishi Capital).

Machines are coin,

1100 sq ft

Plenty of off street parking – anyone can use them but there is never a problem

Open 7 days a week (M-F 8am-8pm, S-S 7am-8pm)

ABSENTEE OWNED (owner works 1-2 hours per week in this business)

Operations

2 Full time employees (1 of them does most of the repairs as well)

Business is always attended—never open without a staff member present

Any commercial accounts? – just 1, 3,000 per month. – managed air bnb’s

Wash and fold 30% vs self service 70%

Lease Details

1.5 years left at 1,150 per month with 5 year option (7% annual increase)

Landlord is open to providing a lease extension for a qualified buyer

Growth Potential

Only offers coin payment options currently

No vending machines

No pick up / delivery

Only 1 commercial account (never tried to get any, this came in bound, air bnb management company)

No dry cleaning offered / partnerships

Steinberg RE Holdings- Florida License #SL3643652

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION