Beautifully Renovated Laundromat
Listing Price: $379,999
- Asking Price: $379,999
- Cash Flow: N/A
- Gross Revenue: $138,551
- FF&E: $379,999
- Inventory: $2,500
- Established: 1990
Two Year Old Equipment Package For This Coin Laundry
This laundromat was beautifully renovated two years ago with all new equipment and some electrical work completed. All washers and dryers are Huebsch Models, with 51 machines in all. They offer wash, dry, and fold services, dry cleaning, and alteration services. They have a few commercial accounts for wash, dry, and fold services, making up 25%-35% of the revenue. The current owner is starting a pickup and delivery service to increase revenue.
For more information, please call or text Nadir Jiddou at 248-220-3274.
Location: Wayne County, MI
Inventory: Not included in asking price
Real Estate: N/A
Building SF: 4000
Lease Expiration: 2025-08-01
Employees: 1FT / 1PT
Facilities: 4,000 square-foot stand-alone building located on a busy roadway. 51 Huebsch machines - 26 washers and 25 dryers. Bill coin changer, Vend Rite 8-column soap machine, and folding tables.
Competition: There is no competition in the immediate area.
Growth & Expansion: Implement residential pick-up and delivery service and acquire more commercial accounts to grow the business.
Financing: Cash or Personal Loan
Support & Training: Seller will train for 14 days for a minimum of 4 hours a day at no additional cost.
Reason for Selling: Other Commitments