Coin Laundromat

Reference Code 0572

This is a great opportunity to own a remodeled Coin Laundromat in Suburban Wayne County! Established in the 1985, this 2,400 sq. ft. this 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 semi-absentee! All equipment is in excellent condition with over $85,000 being invested in the last 2 years on new equipment! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, Dry Cleaning Services, 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! Don’t 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 $170,000 Cash Flow $50,000 Business Price $274,900 Down Payment $75,000 Monthly Payment $2,425.34 Interest Rate / Amortization 8% int., amortized over 120 months License Required Sales, Boiler Inventory Value $3,000 Employees Full Time 2 Employees Part Time 2 Date Established 1985 Hours of Operation 7 Days / 8am-9pm Rent $2,465.71 NNN Lease Period 2026 Reason for Sale Owns Other Businesses


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