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Business For Sale Listing 143931

Convenience Store and Coin Laundry for Sale

Status as of Nov-20-2008 at 06:43 PM: Off The Market

Business Summary

Great store & coin laundry in perfect location. Minutes from the beach. Located in Pompano Beach, Fl. (Broward County). East of Federal Highway, North of Atlantic Blvd & South of Copans Road. Business is being sold BUY OWNER. Seller WILL work with buyers agent. Located in a heavily populated neighborhood. Currently the owners pay roughly $3000.00 a mth to their employees. An owner/operator could save an additional $36,000 a year.

Store & laundry is a total of 2500 total sq ft. Lease is $3196.00 a mth & it expires in 03/2013. Store yrly sales: $460,000 at a 30% margin gross. Laundry yrly sales: $32,400. Plus an additional $7900.00 a yr for lotto commissions & cigarette rebates. Previous owner had check cashing which was making an additional $1000.00 a mth net.

ALL OFFERS WILL BE CONSIDERED! Seller is flexible and willing to negotiate. Store has huge potential to make a lot more income if check cashing is added. BEER/WINE/TOBACCO license is included with the sale. The laundry also has a huge potential to make a lot more income if more wash and fold is added. Store has a 8 door walk in cooler. The laundry has 10 dryers and 11 washers. There are an additional 26 pictures available of both businesses.


Categories

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Industry

Sector: Retail Trade
Industry: Convenience Stores

Location

Classification: United States // Southeast States // Florida // Other Florida
Location: Pompano Beach, Florida. 33062

Financials

Sales: Between $500 Thousand And $1 Million   (500,300)
Profits: Between $100 Thousand and $500 Thousand
Profit Type: Earnings Before Interest, Taxes & Depreciation (EBITDA)
Asking Price: Between $100 Thousand and $500 Thousand   (420,000)
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