Turnkey Laundromat Opportunity in Oakland County
Business Description
This laundromat has approximately 20 years of operating history and is located in a 3,200-square-foot facility in Oakland County. The business operates seven days a week, from 8:00 AM to 8:00 PM.
The business offers an excellent opportunity for a new owner to take a more active role and grow the existing operation. The seller has done very little advertising, creating an opportunity for a new owner to increase customer traffic and revenue through improved marketing, stronger local promotion, and hands-on management.
The laundromat is independently owned with no franchise fees or royalty payments. The business includes 32 washers, 40 dryers, and a coin machine.
The location benefits from limited nearby competition, with only one competing laundromat within a two-mile radius.
The seller is willing to provide training to assist with a smooth transition to the new owner.
Confidential sale. Additional information, financial records, and equipment details will be provided to qualified buyers following execution of an NDA.
The business offers an excellent opportunity for a new owner to take a more active role and grow the existing operation. The seller has done very little advertising, creating an opportunity for a new owner to increase customer traffic and revenue through improved marketing, stronger local promotion, and hands-on management.
The laundromat is independently owned with no franchise fees or royalty payments. The business includes 32 washers, 40 dryers, and a coin machine.
The location benefits from limited nearby competition, with only one competing laundromat within a two-mile radius.
The seller is willing to provide training to assist with a smooth transition to the new owner.
Confidential sale. Additional information, financial records, and equipment details will be provided to qualified buyers following execution of an NDA.
About the Business
- Years in Operation
- 22
- Employees
- 3 (1 Full-time, 2 Part-time)
- Facilities & Assets
- The laundromat operates from a 3,200-square-foot leased facility in Oakland County with limited nearby competition. The landlord is willing to sell the real estate per the lease terms.
- Market Outlook / Competition
- Limited competition in the area, with an opportunity to increase business through marketing and specials
- Opportunities for Growth
- There is a clear opportunity for a hands-on owner to increase traffic and revenue through stronger marketing, promotions, and customer service.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,200
- Rent
- $2,666 per month
About the Sale
- Seller Motivation
- Other Business Interest
- Transition Support
- The seller is willing to provide training to the new owner as part of the transition.
- Financing Options
- Cash due at closing
Listing Info
- ID
- 2545712
- Listing Views
Listing ID: 2545712 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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