Coin Laundry

Reference Code 0166

This is a great opportunity to own a completely remodeled Coin Laundromat in suburban Wayne County! Established in the 1990’s, this 2,850 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! All equipment is in excellent condition with over $65,000 being invested in the last six months on new equipment! 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, dry clean drop-off, 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! Don’t miss out on this great opportunity!! Turn-key operation only needing a new owner/operator!

Business Location Suburban Wayne County, MI
Gross Sales Asset Sale Cash Flow TBD Business Price $139,900 Down Payment $70,000 Monthly Payment $1,417.32 Interest Rate / Amortization 8% int., amortized over 84 months License Required Sales, Boiler Inventory Value $2,000 Employees Part Time 3 Date Established 1998 Hours of Operation 9:30am-6:30pm Rent $1,650 Gross Lease Period 2030 Reason for Sale Absentee Owner owns 5 other businesses


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