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Coin Laundry-SOLD

Wayne County, MI

Coin Laundry-SOLD
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Asking Price: $87,500

Cash Flow: N/A

Gross Revenue: $142,800

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1978

Coin Laundry-SOLD

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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.

Detailed Information

Location:
Wayne County, MI
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
Growth & Expansion:
By advertising and promoting the wash and fold business to more local hotels and business will greatly increase sales.
Support & Training:
2 weeks by the seller
Reason for Selling:
Other Business Interests
Business Website:
http://www.merrickbusinessbroker.com
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Merrick Blumenthal

Business Listed By:
Merrick Blumenthal

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