Laundromat
Not Disclosed, MI Oakland County
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- RE: Laundromat
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $999,000 | |
| Annual Revenue: | $200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2023 | |
| Employees: | 5 | |
| BBN Listing #: | 982336 | |
| Broker Reference #: | 0672 |
Business Overview:
This is a great opportunity to own a newer Laundromat in Oakland County! Established in 2023, this 4,399 square feet laundromat is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All state-of-the-art equipment was used with a build-out price point of $1.8M and everything from equipment, piping, washers/dryers are all brand-new! Seller’s loss is your gain! Owner has a full-time corporate career and runs the business completely absentee! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding weekly specials, vending machines, retail items, pick up & delivery services and commercial accounts, you have HUGE potential. A must see/must have business that WILL-NOT last long on the market or disappoint! Location alone is a home-run! Don’t miss out on this great opportunity!! Turn-key operation only needing a new owner/operator! Seller will train new owner and entertain all reasonable offers. Contact Armen Nazarian Business Brokers
Note: Currently being run as a franchise, Buyer can keep it a franchise or breakaway and go independent.
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Property Features and Assets:
All state-of-the-art equipment was used with a build-out price point of $1.8M and everything from equipment, piping, washers/dryers are all brand-new! Seller’s loss is your gain! Owner has a full-time corporate career and runs the business completely absentee!
Market Competition and Expansion:
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding weekly specials, vending machines, retail items, pick up & delivery services and commercial accounts, you have HUGE potential. A must see/must have business that WILL-NOT last long on the market or disappoint!
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:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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