Established Coin Laundromat with Real Estate | Genesee County, MI
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Long-established, free-standing coin-operated laundromat available with real estate included, located in Genesee County, Michigan. In business since 1965 and under the current ownership since 2003, this turnkey operation offers a full range of self-service washers and dryers, including a strong mix of large-capacity machines that set it apart from smaller competitors in the market. The facility is well equipped, with a deep equipment roster of washers ranging from 20lb to 70lb capacity and dryers from 35 to 80lm capacity. The free-standing building offers ample parking and a layout that supports steady, repeat customer traffic seven days a week. This is an excellent opportunity for an absentee or semi-absentee owner, a hands-on operator looking to grow an existing route, or an investor drawn to the combination of cash-flowing operations and real estate ownership. Financials will be made available to qualified buyers upon execution of a non-disclosure agreement.
About the Business
- Years in Operation
- 61
- Employees
- 4 (1 Full-time, 3 Part-time)
- Facilities & Assets
- Free-standing commercial laundromat building of approximately 5,200 +/- sq ft on a 1.03 +/- acre lot, with central air and forced heat. Full equipment package included: 5 x 50 lb, 14 x 35 lb, and 18 x 20 lb washers, plus 6 x 70 lb large-capacity washers; dryers include 5 x 80 lb, 5 x 70 lb, 11 x 35 lb stack, and 10 x 35 lb units. All equipment is owned outright with no leases.
- Market Outlook / Competition
- Serves a loyal, repeat local customer base in a self-service laundry market with limited direct competition nearby. Open 7 days a week, 8:00 AM to 10:00 PM, with steady year-round demand typical of the coin-laundry category.
- Opportunities for Growth
- Opportunity for a new owner to introduce added services, expand hours, or implement modern payment systems and marketing to grow revenue beyond current operations.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 5,200
About the Sale
- Transition Support
- Seller will provide a training period of up to 14 days, 4 hours per day, beginning at closing, at no additional cost to the buyer, per the listing agreement.
- Financing Options
- Subject to review
Listing Info
- ID
- 2534908
- Listing Views
Listing ID: 2534908 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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