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60K SDE - Cash Flow Coin Laundry in Detroit

Listing Number: 60338-972199

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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

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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.

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