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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

Email or Print Listing

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 Career

Additional 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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