60K SDE - Cash Flow Coin Laundry in Detroit
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Well-established coin laundry with $148,000+ in FF&E and significant recent investment in the business. The current owner has completed approximately $140,000 in upgrades within the last year and $300,000 in improvements over the past 3 years. Strong client base, good landlord relationship. No Debts. Partial seller financing available. 1 part-time employee, minimal owner involvement needed.
A strong opportunity for an owner-operator or investor looking for a modernized laundromat with substantial capital already invested. Major upgrades and equipment improvements provide a solid foundation for the next owner to continue operating and growing the business.
Serious inquiries welcome.
A strong opportunity for an owner-operator or investor looking for a modernized laundromat with substantial capital already invested. Major upgrades and equipment improvements provide a solid foundation for the next owner to continue operating and growing the business.
Serious inquiries welcome.
About the Business
- Employees
- 1 Part-time
- Opportunities for Growth
- With substantial recent investment already completed, this laundromat offers an opportunity to build on a strong foundation. Potential avenues for future growth may include increasing customer traffic, optimizing pricing, adding or expanding wash-and-fold services, introducing pickup and delivery, improving marketing, and maximizing machine utilization.
With approximately $140,000 in upgrades completed in the last year and $300,000 invested in improvements over the past three years, the next owner can focus on operations, marketing, and revenue growth rather than major capital improvements.
A well-positioned opportunity to take an established laundromat to its next level.
Real Estate
- Owned or Leased
- Leased
- Rent
- $9,000 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 1 Week
- Financing Options
- Owner Financing Amount $100,000.00
Listing Info
- ID
- 2556373
- Listing Views
- 15
Listing ID: 2556373 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. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleMichigan Businesses for SaleMichigan Personal Product & Service Businesses for SaleMichigan Coin Laundry & Laundromat Businesses for Sale
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