Coin Laundry - Lenawee County
Location: Michigan > Lenawee County > SE Michigan
Industry: Personal > Coin Laundry
Financials
Asking Price: $59,500
Gross Revenue: $80,000
Cash Flow: $29,000
Cash Flow Comments: Owner Operated
Inventory: $2,000 (Not Included in Asking Price)
FF&E: $45,000 (Included in Asking Price)
Seller Financing: Negotiable
Business Summary
A fantastic opportunity to own your own easy to run business. Very nice well maintained facility on main street, this is the only coin laundry in town.
Sale included 20 dryers, 30 washers (front and top load), 1 extractor, 2- changers, vending machines and spare parts inventory. Favorable lease terms, about $1,170/month. An owner operator should generate about $29,000/yr in income.
Sale included 20 dryers, 30 washers (front and top load), 1 extractor, 2- changers, vending machines and spare parts inventory. Favorable lease terms, about $1,170/month. An owner operator should generate about $29,000/yr in income.
About the Business
Year Established: 1970
Employees: 2 part time
Facilities: Leased, very nice on heavily traveled road
Market Outlook and Competition: No competition in the area
About the Sale
Management Training and Support: Provided
Reason For Selling: Lack of avaialble time
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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