Coin Laundry for Sale by Owner in North Miami - Business for Sale
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Coin Laundry Laundromat in North Miami, FL
Miami, FL, US
Added today
Laundromat / Coin Laundry
14 years in business
Absentee / Semi-Absentee
This business is an established coin-operated laundromat located in North Miami, Florida, operating for over 15 years in a high-traffic shopping center under absentee ownership.
Key Information
Asking
$950K
Revenue
$461K
Earnings
$187K
Multiple
5.1x
Key Highlights
- Over 15 years in operation
- 2,500 square feet leased space in a shopping center; lease expires May 1, 2034, with a +5 year renewal option
- Monthly lease: $7,151
- Modern Dexter equipment (6 years old) with Dexter Live connectivity included
- Absentee ownership; established systems and processes in place
- Located in a dense residential area with a diverse customer base (Haitian, Latin American, African American)
Contact Info
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