Laundromat / Car Wash

Muskegon, MI (Muskegon County)

Seller Financing Available
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Asking Price: $299,000

Cash Flow: N/A

Gross Revenue: $150,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1982

Laundromat / Car Wash

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Business Description

Established business in highly visible location. Steady income with potential for much more. Billboard lease, vending machines and games provide additional income. Owner is retiring.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
7,745
Employees:
5
Facilities:
5,000 SF laundromat with 6 unit self-help car wash. One car was unit is automated. Car was has not operated since 2007.
Competition:
Great location adjacent to Business 31
Growth & Expansion:
Current owner does no Internet advertising and the car wash has not been open since 2007. Lots of opportunity for growth.
Financing:
Seller financing available with substantial down payment.
Support & Training:
1 month part-time
Reason for Selling:
Retirement
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(from currently available funds)
 
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Jim Olsen

Business Listed By:
Jim Olsen

Signature Associates

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Sponsoring Broker:
Mark Woods

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