Profitable Laundromat with Real Estate
Wayne County, MI
| Asking Price: | $2,499,999 |
| Real Estate: | $1,400,000 |
| FF&E: | $600,000 |
Listing ID: 2300352Listing provided by BizBuySell
BUSINESS DESCRIPTION
State-of-the-Art Equipment
This 6,119-square-foot self-service laundromat opened in March 2023 and has state-of-the-art machines. It is open seven days a week and offers Wash-Dry-Fold services. The facility is spacious, clean, and in a plaza with heavy foot traffic. The real estate is included, and this plaza has four units total. All units are currently occupied.
A new owner could grow the business through community and social media marketing. Adding delivery services and commercial accounts could also increase growth.
There are 70 machines total, 8 of which are commercial grade—(4) 80 lb and (4) 60 lb.
DETAILED INFORMATION
Location
Wayne County, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
9,599
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
9,599 square-foot building has four units, including plenty of parking and easy in-and-out access.
Competition
Normal competition in the area.
Growth & Expansion
Marketing in the area and on social media could help grow the business. Offering delivery services and adding commercial accounts could also increase growth.
Financing
Cash or Bank Financing
Support & Training
The seller will train a new owner for two weeks.
Reason for Selling
Other Commitments
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