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- RE: Coin Laundry
- Contact: Armen Nazarian
Quick Facts
Asking Price: | $210,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 3 | |
BBN Listing #: | 951232 | |
Broker Reference #: | 638 |
Business Overview:
This is a great opportunity to own a completely remodeled Coin Laundromat in suburban Wayne County! Established in the 1990’s, this 2,232 square feet. Laundromat is located on a highly traveled road near plenty of residential homes and commercial businesses. Current owner is not involved in the day-to-day operations and is being run absentee! All equipment is in excellent condition with over $65,000 being invested in the last 5 years on new equipment! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, arcade games, vending machines, retail items, dry clean drop-off, weekly specials, commercial accounts and expand the hours, you have HUGE potential to make a nice, solid income. A must see/must have business that WILL-NOT last long on the market! Don’t miss out on this great opportunity! Turn-key operation only needing a new owner/operator! Seller will entertain all reasonable offers! Contact Armen Nazarian Business Brokers using reply to this ad button.
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Property Features and Assets:
All equipment is in excellent condition with over $65,000 being invested in the last 5 years on new equipment!
Market Competition and Expansion:
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, arcade games, vending machines, retail items, dry clean drop-off, weekly specials, commercial accounts and expand the hours, you have HUGE potential to make a nice, solid income.
Reason for Selling:
Absentee Owner / Full-Time Corporate CareerAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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