New Laundromat / $1.8M Invested, Only $999K!

Reference Code 0672

This is a great opportunity to own a newer Laundromat in Oakland County! Established in 2023, this 4,399 sq. ft. laundromat is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All state-of-the-art equipment was used with a build-out price point of $1.8M and everything from equipment, piping, washers/dryers are all brand-new! Seller’s loss is your gain! Owner has a full-time corporate career and runs the business completely absentee! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding weekly specials, vending machines, retail items, pick up & delivery services and commercial accounts, you have HUGE potential. A must see/must have business that WILL-NOT last long on the market or disappoint! Location alone is a home-run! Don’t miss out on this great opportunity!! Turn-key operation only needing a new owner/operator! Seller will train new owner and entertain all reasonable offers.
Note: Currently being run as a franchise, Buyer can keep it a franchise or breakaway and go independent.

Business Location Oakland County, MI

Gross Sales $200,000 Cash Flow TBD Business Price $999,000 Down Payment $250,000 Monthly Payment Negotiable Interest Rate / Amortization Negotiable License Required Sales, Boiler Inventory Value $2,000 Employees Full Time 2 Employees Part Time 3 Date Established 2023 Hours of Operation 7 Days / 7am-10pm Rent $4,550 Gross Lease Period 10/2033 Reason for Sale Absentee Owner / Full Time Corporate Career