Business For Sale

Profitable Laundromat with Airbnb Contracts

Not Disclosed, MI
Allegan County


Asking Price: Annual Revenue:
$295,000 $295,800

Services: Dry Cleaning & Laundry


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RE: Profitable Laundromat with Airbnb Contracts Broker: Max Friar
Owner Financing is Available!
Limited seller-financing available for qualified buyers.

Quick Facts

Asking Price: $295,000
Annual Revenue: $295,800
Net Profit: Not Disclosed
Cash Flow: $77,200
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 6
BBN Listing #: 185745079
Broker Reference #: 949

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Business Overview:

This West Michigan-based profitable laundromat offers self-service coin laundry, drop-off dry cleaning, commercial and personal drop-off laundry service, and alterations and repairs. Founded in 2005, the Company has a commitment to providing high quality services that satisfy customer laundry and dry-cleaning needs. The Company is in a strong financial position, faces little competition, and offers all services at competitive prices. In a prime location with a diverse customer base, the Company has consistent demand for its various services.
The owner is semi-retired and has decided to sell the business. The Company has a manager in place that oversees daily operations.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.
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Property Features and Assets:

The Company operates out of a 4,160 square foot facility that is leased from an unrelated third party.

Market Competition and Expansion:

Investment Highlights include: (1) Excellent Customer Service (2) Vacation Property Partnerships (3) Diverse Customer Base (4) Competitive Pricing (5) Limited Competition (6) Strong Financial Position Growth Opportunities Include: (1) Targeted Advertising: The Company does very little marketing and could reach new customers by investing in marketing. (2) Linen Rental Service: The Company could grow by adding a linen rental service, which would likely have high demand based on the location. (3) Pick-Up and Delivery Services: Offering pick-up and delivery for customer’s laundry and dry-cleaning needs could provide substantial growth as well.

Reason for Selling:

Retirement

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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