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The Perry Rueben Company

Full Service Coin Laundromat Business

Full service Coin Laundromat is open 24/7. Ideal for a business owner who would like to work part time. The Laundromat has 86 total machines, 44 washers, and 42 dryers. This business has been open for 10 years well established and very well known.

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement). Call 734-323-0376 or email [email protected] for more information.

Competition:  Competition exists, however, pricing and marketing strategies have helped this business thrive.

Growth/Expansion:  Room for expansion by soliciting commercial accounts, venues, and marketing opportunities, especially social media! Marketing and providing drop off laundry services would help grow the business per the owner.  . Also owner suggests making an arrangement with a local dry cleaner to help grow the business.

Washtenaw County, Michigan

Price: $385,000

Gross:  $360,442

Cash Flow: $31.924

FF&E:  Included in price

Inventory:  Included in the price

Facilities:  Leased space, $4500 per month, NNN. 4000 sq ft building on a busy road, located amongst many rental homes and apartments and student complexes. This business is in a large stand alone building and with a stand alone parking area, not a strip mall.

Employees:  7 PT

Year Established: Purchased in 2007

Description

Reason Selling:  Owners pursuing other real estate investment opportunities.

Support/Training:  Owner is willing to assist buyer as agreed to and needed.