Coin Laundromat w/wo Real Estate

Not Disclosed, MI
Muskegon County


Asking Price: Annual Revenue:
$2,288,000 $724,000

Services: Dry Cleaning & Laundry


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RE: Coin Laundromat w/wo Real Estate Broker: Armen Nazarian
Owner Financing is Available!
SBA/Bank/Seller Financing.

Quick Facts

Asking Price: $2,288,000
Annual Revenue: $724,000
Net Profit: Not Disclosed
Cash Flow: $416,317
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $495,000
Year Established: 1965
Employees: 5
BBN Listing #: 739052001
Broker Reference #: 0387

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Business Overview:

This is a great opportunity to own a well-established, very successful high cash flowing Coin Laundromat in Muskegon County with or without property. Established in 1965, this 3,700 square feet. Laundromat is located on a highly traveled road near plenty of residential and commercial properties. This laundry is well managed, has a great reputation and super clean! Owner is working approximately 15-20 hours per week! A 25-unit camera CCTV system is through-out the facility allows the owner to view the premises from a home computer or laptop. All equipment is in excellent condition and maintained regularly (newer 31 washers & 32 dryers). Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding weekly specials, vending machines, retail items, pick up & delivery services and commercial accounts, you have HUGE potential to already solid cashflow. 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 train new owner. Contact Armen Nazarian.

Note: Business can be purchased with or without property.

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Property Features and Assets:

This is a great opportunity to own a well-established, very successful high cash flowing Coin Laundromat in Muskegon County with or without property. Established in 1965, this 3,700 square feet. Laundromat is located on a highly traveled road near plenty of residential and commercial properties.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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