Business For Sale

Coin Laundry-Great Sold!

Not Disclosed, MI
Wayne County


Asking Price: Annual Revenue:
$87,500 $142,800

Services: Dry Cleaning & Laundry


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RE: Coin Laundry-Great Sold! Broker: Capital Business Brokerage

Quick Facts

Asking Price: $87,500
Annual Revenue: $142,800
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 2
BBN Listing #: 72622679
Broker Reference #: B2446

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Business Overview:

This is a great opportunity to own a coin laundry in a suburb of northern Wayne County. The business is situated in a stand alone building on a main road near high density businesses and many apartments and homes. Owner does no advertising or marketing to local businesses or apartment complexes in the area. The laundry has contracts with a local major hotel and several businesses in the area. The laundry offers a wash and fold drop off business along with a dry cleaning service which is contracted out to a nearby Dry Cleaners (40% of Sales). The laundry has 5 new Hucbsch washers and 5 new dryers and a mixed age of Speed Queen, Ipso, Milners and Wascomat equipment. Per Seller, sales are $11,900 average per month.

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Reason for Selling:

Job transfer.

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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