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Very Profitable Coin-Op Laundromat, w/Real Estate Available

Flint, Michigan (Genesee County)

Services - Drycleaning/Laundry

$Seller Financing Available

Asking Price $574,000 Inventory  
Gross Income $290,000 Real Estate  
Cash Flow $134,000 Year Established 2004
FF&E tbd* Employees 5 Full Time

* included in the asking price

** not included in the asking price

Seller would like to relocate so is willing to part with a very profitable coin-op laundry, located one hour north of Detroit. The 80 plus washers/dryers are state of the art and in tip top condition, plus there are ancillary vending machines for added revenue. The full time employees are very reliable and will stay on for a new owner. Spend 12-15 hours per week on site and monitor from your PC anywhere. The ideal dream job! Business is located in a 4,000 sq ft rented freestanding building and comes with an excellent long-term assumable lease. Building is available for purchase as well. 2009 year to date sales are 10% higher than 2008. If you are tired of losing your nest egg in the stock market then this business is for you. For more information, please contact Kathy McKee @ 616-901-5626 or Ken George @ 616-648-1132.

Facilities: 4,000 sq. ft. building

Seller Financing Available: Yes

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Relocation

Business For Sale By

Kathy McKee

616-285.8121

Sunbelt Business Advisors

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Contact the seller about this Very Profitable Coin-Op Laundromat, w/Real Estate Available

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