Coin Laundromat For Sale

Listing ID: 700203850

Listing Title: Coin Laundromat For Sale

Quick Link:

Industry: Business Services

Industry Segment: Laundry

Country: United States

State / Province: Michigan


City: Detroit

Asking Price Range: < $250K

Gross Revenues: $150,137

Cash Flow: $55,564

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2004

Number of Employees: 1 - 3

Business Description:
This is a great opportunity to own your very successful, newer Laundromat! This laundromat is approx. 9 years old but shows like new! All newer equipment which runs & looks like new. The laundromat offers drop off laundry service by the pound but does not offer dry cleaning drop off. Adding dry cleaning services and marketing & promotion will definitely increase sales. Current owner lives over 1 1/2 hours away and only comes twice a week to collect the money. This laundromat is completely run absentee ownership. All of the machines are Speed Queen state of the art stainless steel machines. This laundromat makes the current owner a very good passive income which is capable of much more for a new owner. Don't miss out, make an appointment today to tour & purchase this great opportunity! Call Armen Nazarian at 248-855-7753.

« Close this window »