Turnkey Laundromat Opportunity in Oakland County
Business Description
Laundromat With Upside In Oakland County
This laundromat has approximately 20 years of operating history and is located in a 3,200-square-foot facility in Oakland County. The business operates seven days a week, from 8:00 AM to 8:00 PM.
The business offers an excellent opportunity for a new owner to take a more active role and grow the existing operation. The seller has done very little advertising, creating an opportunity for a new owner to increase customer traffic and revenue through improved marketing, stronger local promotion, and hands-on management.
The laundromat is independently owned with no franchise fees or royalty payments. The business includes 32 washers, 40 dryers, and a coin machine.
The location benefits from limited nearby competition, with only one competing laundromat within a two-mile radius.
The seller is willing to provide training to assist with a smooth transition to the new owner.
Confidential sale. Additional information, financial records, and equipment details will be provided to qualified buyers following execution of an NDA.
Detailed Information
Location: Oakland County, MI
Real Estate: Lease
Building SF: 3200
Employees: 1FT / 2PT
Facilities: The laundromat operates from a 3,200-square-foot leased facility in Oakland County with limited nearby competition. The landlord is willing to sell the real estate per the lease terms.
Competition: Limited competition in the area, with an opportunity to increase business through marketing and specials
Growth & Expansion: There is a clear opportunity for a hands-on owner to increase traffic and revenue through stronger marketing, promotions, and customer service.
Seller Financing Available: No
Financing: Cash due at closing
Support & Training: The seller is willing to provide training to the new owner as part of the transition.
Reason for Selling: Other Business Interest