Coin Laundromat

Reference Code 0358

This is a great opportunity to own a large Coin Laundromat in suburban Wayne County! Established in the 2015, this 5,700 sq. ft. Laundromat is located on a highly traveled road near plenty of residential homes and commercial businesses. Current owner is not involved in the day-to-day operations and is being run absentee! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, arcade games, vending machines, retail items, weekly specials, commercial accounts and expand the hours, you have HUGE potential to make a nice, solid income. A must see/must have business that WILL-NOT last long on the market! Partnership conflict forces sale! Do not miss out on this great opportunity!! Turn-key operation only needing a new owner/operator! Seller will entertain all reasonable offers!

Business Location Suburban Wayne County, MI
Gross Sales Asset Sale Cash Flow TBD Business Price $249,000 Down Payment $99,000 Monthly Payment $1,819.91 Interest Rate / Amortization 8% int., amortized over 120 months, balloon due in 60 months License Required Sales, Boiler Inventory Value $3,000 Employees Full Time 1 Employees Part Time 2 Date Established 2015 Hours of Operation 7 days / 9am-8pm Rent $5,700 Gross Lease Period 2026 Reason for Sale Partnership Conflict


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