Laundromat

Reference Code 0739

This is a great opportunity to own a long-established Coin Laundromat in Suburban Wayne County! Established in the 1998, this 2,232 sq. ft. Laundromat is located on a highly traveled road near plenty of residential homes and commercial businesses. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, arcade games, your own vending machines, retail items, dry clean drop-off, 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 $100,000 Cash Flow TBD Business Price $164,900 Down Payment $99,000 Monthly Payment $799.55 Interest Rate / Amortization 8% int., amortized over 120 months, balloon due in 60 months License Required Sales, Boiler Employees Part Time 3 Date Established 1998 Hours of Operation 7 Days / 9am-9pm Rent $2,000 Gross Lease Period 2032 Reason for Sale Absentee Owner / Seller has a full-time Corporate Career