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Only laundromat in 20 miles, REAL ESTATE INCLUDED
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Established, profitable, well maintained, and growing laundromat and cleaners business in a small Mid-Michigan town - with real estate included.
About the Business
- Years in Operation
- 37
- Employees
- 4 (2 Full-time, 2 Part-time)
- Facilities & Assets
- All equipment is currently working. LAUNDROMAT: 30 dryer pockets (13 -30 pd stack dryers; 2 - 45 pd stack dryers), 35 washers (23 -20 pd; 4-30 pd ; 3-40 pd machines; 1-50 pd; 2-60 pd; 2-80 pd; 2 -199,000 BTU water heaters; 2 coin counters; 3 bill changers; 7 folding tables; CLEANING PLANT: 1- Ipura 30pd cleaning machine; 2 form finishers; 2 presses; 1 pant topper; 1 drapery finisher; 1 conveyer; 10hp Fulton boiler; return system and spare tank; 3 vacuums; 2 compressors; cash register. Full paved parking lot and street parking.
- Market Outlook / Competition
- There is no other laundromat within 20 miles, and no cleaners within 40 miles.
- Opportunities for Growth
- I am an absentee owner, working 5 or so hours a week. An owner who wanted to work the business could trim the $90,000 payroll significantly. I have not pursued a pick-up and drop off service, nor is there any online presence at all. There is potential for much more fire and flood restoration business, which I have not actively pursued. I will add the 2025 financials as soon as I get my tax return from my accountant.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 4,000
About the Sale
- Seller Motivation
- I'm 68!
- Transition Support
- I'm willing to train for 4 weeks (weekdays 7a.m -1p.m.)
- Financing Options
- Willing to finance with a $250,000 down payment.
Listing Info
- ID
- 2469960
- Listing Views
- 99
Listing ID: 2469960 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.
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