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Business For Sale

AWARD WINNING COIN-OPERATED LAUNDROMAT

Attn: Brent Dailey
Flint, MI, USA
Listing Number: "N343-BD"
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Asking Price: $574,000 USD USA Dollars
Business for Sale Industry: Services: Dry Cleaning & Laundry  
Reason for Selling: Relocation
Year Established: 2004
# of Employees: 5 Full Time
Yearly Revenues: $292,000
Yearly Cash Flow: $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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