60K SDE - Cash Flow Coin Laundry in Detroit
Listing Number: 60338-972199
Listing Details
60K SDE - Cash Flow Coin Laundry in Detroit
Price: $250,000
Location: Wayne County, Michigan
- Down Payment: $120,000
- Sales: $200,000
- Seller's Discretionary Earnings: $65,000
- Inventory: $0
- Furniture, Fixtures, and Equipment: $148,891
- Rent: $9,000
- Employees:
- Year Established:
- Reason for Selling: Retirement
For More Information About This Listing
Business Description
Well-established coin laundry with $148,000+ in FF&E and significant recent investment in the business. The current owner has completed approximately $140,000 in upgrades within the last year and $300,000 in improvements over the past 3 years. Strong client base, good landlord relationship. No Debts. Partial seller financing available. 1 part-time employee, minimal owner involvement needed.
A strong opportunity for an owner-operator or investor looking for a modernized laundromat with substantial capital already invested. Major upgrades and equipment improvements provide a solid foundation for the next owner to continue operating and growing the business.
Serious inquiries welcome.