Established Laundromat – Serving The Community Since 1969!
Grand Rapids, MI Kent County
Asking Price:
$72,000
Annual Revenue:
$187,000
Request More Information Contact the Seller
- RE: Established Laundromat – Serving The Community Since 1969!
- Contact: Chris Hays
Quick Facts
| Asking Price: | $72,000 | |
| Annual Revenue: | $187,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $42,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $40,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1969 | |
| Employees: | 6 | |
| BBN Listing #: | SB-55723 | |
| Broker Reference #: | WESTMI001-55723 |
Business Overview:
Take advantage of this exceptional opportunity to own a well-established laundromat with a solid reputation and deep roots in the community. Operating successfully since 1969, this business has a loyal customer base and steady cash flow.Business Highlights:Over 50 Years of Service: A trusted name in the community with decades of proven success.Turn-Key Operation: Fully equipped with high-quality, well-maintained machines.Prime Location: Located in a high-traffic area with easy access for customers.Steady Revenue: Consistent customer flow with room for growth through additional services.Loyal Clientele: Long-term customers who rely on the laundromat for their laundry needs.Why Invest?Proven Track Record: Over five decades of reliable service and profitability.Growth Potential: Opportunities to expand services such as wash-and-fold, dry cleaning drop-off, or vending options.Low Overhead: Efficient operations with manageable expenses.Community Staple: A business that has been a local favorite for generations.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Business Includes Washers, Dryers, Folding Tables, Chairs, Vending Machines for soapsReason for Selling:
Other Business OpportunitiesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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