Coin Operated Laundromat (Sold)

File# C2401
Location: Macomb County
Business Price: $49,900
Down Payment: Cash
Monthly Payment:NA
Interest Rate: NA
Amortization Period:NA
Gross Sales: $132,846.93
Source: 2017 income & expense statement
Cash Flow: TBD
Source: TBD
Inventory: $2,000
Days Open: 7 days closed on holidays
Business Hours: 8am-8pm
Seats: NA
Parking: ample
Licences Required:NA
Year Established:1992
Year Acquired: 2008
Monthly Rent:$2,168.83 plus CAM ($1,065)


This is a great opportunity to own a turn-key, very well maintained laundromat located in Macomb County. The business is located in a desirable end cap location, in a well-established retail plaza, consisting of multiple mixed-use tenants. There is a large mobile home park and apartment complex across the street. The business offers self-service coin laundry, full drop off service, dry cleaning drop off, leather cleaning, and wedding gown preservation. The facility is fully equipped and capable of processing just about any size laundry, from a few pounds to several loads. The washer and dryer equipment and water heating system is all in good condition. This is a secure, clean, and friendly laundromat with Wi-Fi, arcade games, and plenty of space for customers to relax. A new owner/operator with some creative advertising and marketing would increase sales by adding drop off/pick up service for residential customers and commercial accounts for senior homes, spas and salons, county contracts, or by expanding the hours of operation. Don’t miss out on this one-of-a-kind laundromat opportunity. Make an appointment today!

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This information has been supplied to Broker, Capital 1 Commercial Group, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.