Coin laundries are listed below by price. Contact broker Rhonda McLane for addresses and complete details for each location.

Fort Lauderdale - Contract Pending

	Price $30,000 Cash
	Gross Sales $43,200 (includes self-service machines plus minor vending)
	Net to working owner $18,744/yr
	Net to absentee owner $16,144/yr
	Open 7am to 10pm 7 days. Woman opens/closes/cleans for $50/wk - above figure is net profit after paying this employee.
	1,200 Square Feet (estimated)
	23 washers/10 dryers/natural gas
	Location/Lease: Located in a small strip cener 1/2 block from Federal Highway. Rent is $1,060/mo. Good lease runs to Feb 2012 with one $100 increase, then two three-year option with one $100 increase in 1st option and one $150 increase in 2nd option. $1,100 security deposit.
	Other Notes: Attractive and inexpensive starter location. Easy to operate self-service store in a good area.

Dania Beach

	Price $60,000 cash
	Gross Sales $66,000 (100% coin - minor vending, no drop off)
	Net to working owner $10,320/yr
	Present owner is absentee and pays a janitor $152/wk to clean and close daily. Absentee owner nets $2,400/yr after paying janitor.
	Laundry is open from 7am to midnight daily. No attendants or services here.
	2,500 sq ft.
	50 washers/23 dryers/Natural Gas
	Location/Lease: Well-established neighborhood laundry, located in 5,000 sq ft strip center. Seller owns building and will give a 5-year lease with a 5-year option. $1,060/mo rent for 1st year, then annual 3% increases. Lease will include right of 1st refusal to buy the building.
	Easy to run "all coin" location. Long time owners are ready to retire. Lots of potential with neighborhood flyers and in-store promotions. Photos coming soon.

North Miami

	Price $60,000 Cash
	Gross sales $137,700/yr ($102,000 self service machines; $6,000 wash and fold; $12,000 dry cleaning drop off; $17,700 vending)
	Net to working owner $32,120/yr
	Open daily 8-10pm. Currently the laundry is attended full-time by family members plus the owner part-time.
	Square Ft: 3,300
	44 washers/29 dryers/Natural gas
	Location/Lease: Very busy area. Laundry occupies the corner spot of a strip center. Rent is $3,321/mo. Lease runs to April 2012, then one five-year option to 4/2017. Annual 5% increases. $5,400 security deposit.
	Other Notes: Great price for a large store with plenty of machines. Lots of large capacity washers plus secure storage area makes this location perfect for added commercial accounts at Buyer’s option. Central a/c, front and side parking.

Boynton Beach

	Price $70,000 cash
	Gross sales $116,740 ($80,600 self service machines; $19,500 wash and fold (net); $11,440 vending + $5,200 drop off dry cleaning)
	Net to working owner will be $57K/yr
	Net to current owner is 24K/yr
	Present owner works 14 hrs/wk has 3 part-time employees who are paid $33/yr total - owner nets $24K/yr after paying all expenses including employees.
	1,200 Sq Ft +/-
	22 washers/16 stack dryers/natural gas
	Location/Lease: Nice safe location in a good area. Plenty of parking and great air-flow -- no need to run a/c all year long. Rent is $2,147/mo. Landlord will give Buyer a new lease with terms to be negotiated.
	Attractive location is perfect for a working family or husband-wife team. Full training for new owner.

Lantana

	Price $75,000 Cash
	Gross sales $88,500 ($78,750 self service machines + $9,750 vending)
	Absentee owner nets $24K/yr
	Laundry is open +/- 7-10pm 7 days. Full-time attendant keeps wash and fold profit ($300/wk estimated) in exchange for attending the business.
	1,600 square feet
	29 washers/20 dryers/Natural gas
	Location and Lease: Great location in a busy shopping plaza on south Dixie Highway. Rent is just $2,850/mo. Lease runs to January 2016, and landlord will extend this lease for buyer, or give buyer new long term lease. Annual 4% increases.
	Easy to run "all coin" location is perfect for an absentee owner. Outstanding shopping center was remodeled 1 1/2 years ago - Winn-Dixie and KMart anchors, plus new Bank of America.

Miami

	Price $140,000. Seller financing with $90,000 down.
	Cash price $125,000.
	Gross sales $107,116 ($56,088 self service machines; $11,340 vending; $6,000 drop off wash and fold; $3,600 drop off dry cleaning; $22,888 lotto; $7,200 phone card recharge)
	Owner and family attend the laundry - no employees here. Owner nets $44K/yr.
	Open 7-10 Mon-Sat, 7-6 Sun. Fully attended by family members.
	Approx 1,300 sq ft.
	21 washers/11 dryers/LP gas
	Location/Lease: Located in a busy strip center near the FIU campus. Rent is $2,113/mo. Lease runs to April 2013 with annual 3% increase. Landlord will give buyer more options to renew.
	Other Notes: Nice neighborhood laundry is well-maintained. Central A/C, busy area.

Miami

	Price $160,000 Cash
	Seller may finance +/- 20% of purchase price.
	Gross sales $151,060/yr ($78,000 self service machines; $33,800 wash and fold; $5,400 dry cleaning drop off; $27,660 vending; $3,000 alterations + $3,200 commercial account)
	Net to working owner $57,424/yr
	Net to absentee owner +/- $25,000
	Existing employees – 2 employees make $12,480/yr total + owner works at location
	Square Ft: 1,500
	19 washers/16 dryers/LP gas
	Location/Lease: Very nice store in a large shopping mall with Sedano's anchor. Rent is $2,802/mo. Current tenant is on month-to-month lease. Landlord will assign existing lease with additional options, or give new long-term lease to Buyer.
	Other Notes: Busy and attractive laundry with more growth potential - landlord will allow addition of a coffee/snack counter for inside or outside snack sales.

Opa Locka

	Price $175,000 cash
	Gross sales $344,148 ($290,820 self service machines + $44,940 vending including computer time + $4,800 drop off dry cleaning + $7,200 drop off wash and fold)
	Net to working owner $102K/yr
	Net to absentee owner $60K/yr
	Seller currently has 3 employees who make $41,808/yr total - seller nets $60K/yr after paying these employees (before debt service). Note - buyer will have no debt service here.
	3,257 Square Feet
	48 washers/40 dryers
	Location/Lease: Nice free standing location with excellent equipment and plenty of parking. Rent is $8669/mo. Lease is in the 1st of 3 five year options which run to July 2025. Base rent increases by 3% annually.
	Other notes: Excellent location, machines and opportunity. Seller will pay off existing $132K SBA note at closing -- Don't miss this deal.

Delray Beach

	Price $185,000 - Seller financing with $95,000 down
	Cash price $160,000
	Gross sales $222,600 ($164,000 self service machines; $21,900 vending; $18,700 drop off wash dry fold + $$18,000 phone cards)
	Hands-on or working owner will net $98K/yr
	Current owner works +/- 10 hrs/wk and nets $55K/yr after paying full-time attendant $43K/yr
	Open and attended 7:30-10pm Mon-Fri; 6-10pm Sat-Sun. One attendant plus P/T owner
	2,000 sq ft
	33 washers/39 dryers/natural gas
	Location/Lease: Busy Delray location near business and residential areas. Plenty of parking here. Large shopping plaza looks great and has Monterey Supermarket, Family Dollar etc. Rent is $4,559/mo. Lease runs to April 2015, then two five-year options with annual 3% increases.
	Notes: Attractive and profitable location. 4 60-lb and 2 80-lb machines mean Buyer could easily add large commercial accounts at Buyer's option.

Coral Springs

	Price $190,000 - Seller financing with $100,000 down payment
	Cash price $175,000
	Gross Sales $186,157 ($132,465 self service machines; $43,597 drop off wash and fold; $4,708 drop off dry cleaning + $5,387 vending)
	Estimated annual net to an absentee owner +/- $55K
	Present owner works 30 hrs/wk at the laundry and has 2 employees. Employees make $25K/yr. Owner nets $69K/yr after paying employees.
	Laundry is open and attended 8-9pm daily.
	2,000 sq ft.
	24 washers/20 dryers/LP gas
	Location/Lease: Located in large strip center. Well-established location with great clientele. Rent is $4,260/mo. Landlord will give new long-term lease with annual 3.6% increases. (Current lease runs to March 2013, then two five-year options with annual 5% increases).
	Attractive money-maker in great location. Same owner more than 10 years.

Fort Lauderdale

	Price $250,000 - Seller financing with $100K down
	Cash Price $235,000.
	Gross sales $228,816 ($100,835 self service machines; $75,906 drop off wash and fold which includes minor tailoring; $46,710 drop off dry cleaning which includes laundered shirts; $5,365 vending)
	$94,000/yr net to working owner
	Present owners are absentee and net $51,000/yr after paying employees.
	Laundry is open 7-10pm 7 days and attended most of these hours. Three employees make $43K/yr total.
	Approx 2,000 square feet.
	27 washers/26 stack dryers/Natural gas
	Location and Lease: Long-established location in a major shopping plaza. Rent is $4,464/month. Excellent lease: options run to 2025 with annual 4% increases.
	Other notes: Great location in a busy and upscale area of Fort Lauderdale. Good reliable staff and excellent clientele.

Commercial Laundry Business - Dania Beach

	Price $250,000 - Seller will finance sale with $150,000 down
	Cash Price $225,000
	Gross Sales $174,200 ($136,812 commercial accounts; $37,388 walk-in business)
	Business hours are Mon-Fri 8:30-6:30; Sat 8:30-6pm. Closed Sundays. Husband-wife owners work at business plus have 2 employees and one driver.
	Owners net $82K/yr after paying all expenses including employees. $82K/net does not have owner's salaries removed.
	+/- 1,500 sq ft.
	9 front load washers and 12 30-lb stack dryers; natural gas. Additional top load washers and 8 stack dryers are not currently in use and transferred in "as is" condition.
	Location/Lease: Lease runs to April 2013 with annual 5% increases. Rent is $1,272/mo. One three-year option with landlord's consent.
	Note that this business is a commercial laundry with only minor walk-in business. Delivery van available but not included in price. Wife owner may remain on site as employee at buyer's option.
	Price includes all accounts, equipment plus full owner training. Accounts are primarily hotels, convention centers, medical centers, airlines.

West Palm Beach - Outstanding Two-Store Chain

	Price is $550,000 - Seller will finance with $280,000 down payment.
	Cash price is $500,000.
	Combined Gross Sales $518,200 - mostly self service machines + light drop off and vending business.
	Open Hours/Employees: Both locations are open 7-10pm Mon-Sat + 6:30-10pm Sun. Fully attended by 6 part time employees + owner. Owner works +/- 42 hrs per week and 6 employees are paid $66K/yr total
	Owner nets $173K/yr after paying all expenses including employees.
	Store #1: 3,200 sq ft; Store #2: 4,000 sq ft.
	Equipment: 103 washers; 86 stack dryers; natural gas
	Locations/Leases: Both stores are in outstanding, large and well-maintained shopping centers. Store #1: $5,142/mo rent with lease options to 7/2020. Store #2: $6,567/mo rent with lease options to 8/2018.
	Notes: Owner's health forces sale of this excellent two-store chain in West Palm Beach. Exceptional shopping centers, market area and customer base - stores located approx one mile apart.

Greenacres Money Maker - Includes Real Estate - Serious Prospects Only

	Price $2,390,000 - Price includes coin laundry plus 10,400 sq ft building
	Gross Sales $392,572 ($304,346 self service machines + $88,226 rent from 3,900 sq ft tenant)
	Absentee owner has full staff and nets $143K/yr after paying all expenses including payroll.
	Laundry is open 7am - 10pm daily. Staff is paid $53,660/yr including payroll. Attendants also keep the drop off income at this location.
	10,400 sq ft free-standing building with 3 bays: 3,900 sq ft coin laundry, 3,900 sq ft long-term tenant + 2,600 sq ft not currently leased.
	Greenacres best coin laundry opened new 3 years ago, and current 3-bay center was constructed at same time. All Maytag equipment. 100+ machines/natural gas, many extras and upgrades -- must see!
	Lot is 1.3 acres in a prime location. 3,900 sq ft long-term tenant pays $25.63/sq ft per month gross rent - owner pays utilities, advertising and security for this tenant (included in expenses).
	Outstanding location includes 11 60-lb and 3 80-lb washers -- perfect for adding commercial accounts. Excellent facility and plaza will give absentee owner $140K/yr net.

Note: Sales and expense information for each coin laundry was provided to Commercial Sales by the Seller. Commercial Sales, a Licensed Real Estate Broker employed by the Seller, has not verified the accuracy of the information above. Any offer to purchase these businesses should be contingent on documenting the stated sales, expenses and net profit. Nets listed above are before debt service (if any).