Coin Laundromat

Not Disclosed, MI
Wayne County


Asking Price: Annual Revenue:
$184,500 Not Disclosed

Services: Dry Cleaning & Laundry


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RE: Coin Laundromat Broker: Armen Nazarian
Owner Financing is Available!
$184,500 with $120,000 down, 7% interest, amortized over 60 months.

Quick Facts

Asking Price: $184,500
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 3
BBN Listing #: 322552001
Broker Reference #: 0219

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Business Overview:

This is a great opportunity to own a completely remodeled Coin Laundromat in suburban Wayne County! Established in the 1990’s, this 2,850 sq. ft. Laundromat is located on a highly traveled road near plenty of residential homes and commercial businesses. Current owner is not involved in the day-to-day operations and is being run absentee! All equipment is in excellent condition with over $65,000 being invested in the last six months on new equipment! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, arcade games, vending machines, retail items, dry clean drop-off, weekly specials, commercial accounts and expand the hours, you have HUGE potential to make a nice, solid income. A must see/must have business that WILL-NOT last long on the market! Don’t miss out on this great opportunity! Turn-key operation only needing a new owner/operator! Seller will entertain all reasonable offers! Contact Armen Nazarian or email us.

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Property Features and Assets:

This is a great opportunity to own a completely remodeled Coin Laundromat in suburban Wayne County! Established in the 1990’s, this 2,850 square feet. Laundromat is located on a highly traveled road near plenty of residential homes and commercial businesses.

Reason for Selling:

Absentee Owner has full time corporate career.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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