Laundromat

Reference Code 0709

This is a great opportunity to own a well-established Coin Laundromat in Suburban Wayne County! Established in 1985, this 2,400 sq. ft. Laundromat is located on a highly traveled road near plenty of residential homes, and commercial businesses. The current owner recently got some brand-new equipment. All equipment is in good working order and maintained regularly! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, retail items, dry clean drop-off, weekly specials, commercial accounts and expand the hours, you have HUGE potential. 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 reasonable offers!

Business Location Suburban Wayne County, MI

Gross Sales $145,000 Cash Flow $40,000 Business Price $315,000 Down Payment $70,000 Monthly Payment $2,808.54 with an escalation schedule to begin 1/2026 License Required Sales, Boiler Inventory Value $4,000 Employees Part Time 2 Date Established 1985 Hours of Operation 7 Days / 8am-9pm Rent $3,600 Gross Lease Period 2029 Reason for Sale Other Business Interest