Laundromat in Oakland County
Listing Price: $349,999
- Asking Price: $349,999
- Gross Revenue: $167,432
- FF&E: $330,000
- Inventory: $2,000
- Rent: $2,500
- Established: 2004
Business Description
Great Location with Lots of Potential
This laundromat has been around for 20 years and under current ownership for the past 2 years. It's ready for a new owner/operator, as the current owner is busy with other investments. They offer drop-off services, dry cleaning, and wash and fold services. Current hours are Monday – Saturday 8am-8pm and Sunday 8am-7pm.
A new electrical neon sign and the following equipment are included:
32 washers
(14) 40LB
(12) 20LB
(2) 75LB
(4) 50LB
40 Dryers
(36) 50LB
(4) 75LB
Real Estate is available for a qualified buyer.
Detailed Information
Location: Oakland County, MI
Inventory: Inventory is not included in asking price.
Building SF: 3200
Employees: 1FT / 2PT
Facilities: 3,200-square-foot stand-alone building located on a busy street. There is plenty of parking with easy in-and-out access.
Competition: The nearest laundromat is 2 ½ miles away.
Growth & Expansion: A new owner can advertise, increase the hours, and acquire commercial accounts. Being onsite will also help the business grow.
Financing: Cash or personal loan
Support & Training: The seller is willing to train a new owner.
Reason for Selling: Other business interests
- Listing ID: 54415
- BizBuySell ID: 2257956
