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Award Winning Coin-Op Laundromat

Flint, Michigan (Genesee County)

Services - Drycleaning/Laundry

Asking Price $574,000 Inventory  
Gross Income $292,000 Real Estate  
Cash Flow $128,000 Year Established 2004
FF&E tbd* Employees 5 Full Time

* included in the asking price

** not included in the asking price

This award winning, coin-operated laundromat, located one hour north of Detroit, is only 3.5 years old but reluctantly the owner must sell in preparation of his move to Arizona - this to the benefit of a prospective Buyer. In 2006, the industry trade magazine gave this location recognition as runner- up in a nation wide survey as the only laundromat worthy of that praise in the entire state of Michigan. All brand new equipment, the machines originally cost nearly $500,000, plus the buildout was an additional $195,000. Seller is asking a very reasonable price of $595,000 in order to facilitate a move to Flagstaff, AZ.

Facilities: 4,000 sq. ft. building

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Relocation

Business listed by

Brent Dailey

616-285.8121


Sunbelt Business Advisors


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