Coin Laundry-SOLD

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Asking Price:
$87,500

Gross Revenue:
$142,800
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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. The laundry has 5 new Hucbsch washers and 5 NEW dryers and a mixed age of Speed Queen, Ipso, Milners and Wascomat equipment (Spent $35,000 last 6 months) The owner is very motivated and wants the business sold FAST. Call Merrick Blumenthal or visit online.

About the Business

Year Established:
1978
Number of Employees:
1 Full, 1 Part
Facilities:
Located in a stand alone building with a great lease of $2,500 on a highly traveled road in northwestern Wayne County
Website:
www.merrickbusinessbroker.com
Growth & Expansion:
By advertising and promoting the wash and fold business to more local hotels and business will greatly increase sales.
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About the Sale

Reason For Selling:
Other Business Interests
Training/Support:
2 weeks by the seller

Listing Info

ID:
1517364
Ad Detail Views:
1741

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Business Listed by

Merrick Blumenthal

Capital Business Brokerage

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U.S. Census Data for Wayne County, MI
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Wayne County, MI
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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