Profitable Laundromat with Real Estate

Listing Price: $2,499,999

Listing Type: Dry Cleaners, Laundromats & Car Wash Locations

New

Asking Price: $2,499,999
FF&E: $600,000
Rent: N/A
Established: 2024

Business Description

State-of-the-Art Equipment

This 6,119-square-foot self-service laundromat recently opened and has state-of-the-art machines. It is open seven days a week and offers Wash-Dry-Fold services. The facility is spacious, clean, and in a plaza with heavy foot traffic. The real estate is included, and this plaza has four units total. All units are currently occupied.

A new owner could grow the business through community and social media marketing. Adding delivery services and commercial accounts could also increase growth.

There are 70 machines total, 8 of which are commercial grade—(4) 80 lb and (4) 60 lb.

Detailed Information

Location: Wayne County, MI

Inventory: Inventory is not included in asking price.

Real Estate: Yes

Building SF: 9599

Employees: 2FT / 2PT

Facilities: 9,599 square-foot building has four units, including plenty of parking and easy in-and-out access.

Competition: Normal competition in the area.

Growth & Expansion: Marketing in the area and on social media could help grow the business. Offering delivery services and adding commercial accounts could also increase growth.

Financing: Cash or Bank Financing

Support & Training: The seller will train a new owner for two weeks.

Reason for Selling: Other Commitments