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Businesses For Sale   >>   Detroit Businesses For Sale   

Coin Laundromat For Sale

Location  Detroit, Michigan, United States
Asking Price Range  < $250K
Gross Revenues  $150137
Net Profit / Cash Flow  $55564
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2004
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Seller lives to far

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.


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