This is a great opportunity to own a completely remodeled Coin Laundromat in suburban Wayne County! Established in the 1990’s, this 2,232 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 absent! All equipment is in excellent condition, with over $65,000 being invested in the last 5 years on new equipment! current owner does not advertise... As a new owner/operator with some creative advertising and marketing, along with adding a website, arcade games, vending machines, retail items, dry clean drop-off, weekly specials, commercial accounts and expanding 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 needs a new owner/operator! seller will entertain all reasonable offers!
- Asking Price:
- $210,000
- Sales Revenue:
- Not applicable
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
All equipment is in excellent condition with over $65,000 being invested in the last 5 years on new equipment!
- Size in square feet:
- 2,232
Business Operation
- Expansion Potential:
-
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.
- Reasons for selling:
-
Absentee Owner/ Seller has a full-time Corporate Career
- Employees:
- 3
- Years established:
- 26
Other Information
- Support & training:
-
seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$210,000 with $170,000 down. 8% int., amortized over 24 months
- Inventory / Stock value:
- $500
