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Business For Sale
AWARD WINNING COIN-OPERATED LAUNDROMAT
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Asking Price: |
$574,000
USD USA Dollars
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Business for Sale Industry: |
Services: Dry Cleaning & Laundry
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Reason for Selling:
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Relocation |
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Year Established:
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2004 |
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# of Employees:
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5 Full Time |
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Yearly Revenues:
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$292,000 |
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Yearly Cash Flow:
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$128,000 |
Business for Sale Overview:
This award winning, coin-operated laundromat, located one hour north of Detroit, is only 3.5 years old but reluctantly the owner must sell in preparation of his move to Arizona - this to the benefit of a prospective Buyer.
In 2006, the industry trade magazine gave this location recognition as runner- up in a nation wide survey as the only laundromat worthy of that praise in the entire state of Michigan.
All brand new equipment, the machines originally cost nearly $500,000, plus the build-out was an additional $195,000. Seller is asking a very reasonable price of $595,000 in order to facilitate a move to Flagstaff, AZ.
Property Features and Assets:
4,000 square feet building.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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