File Number-#0722 | Location-Oakland County, MI. | Gross Sales-$200,000 | Cash Flow-TBD | Business Price-$599,000 | Down Payment-$175,000 | Monthly Payment-$3,811.03 | Interest Rate/Amortization-7% int., amortized over 180 months, balloon due in 84 months | License Required-Sales, Boiler | Inventory Value-$2,000 | Employees Full Time-2 | Employees Part Time-3 | Date Established-2023 | Hours of Operation- 7 Days 7am-10pm | Rent-$4,550 Gross | Lease Period-10/2033 | Reason for Sale-Absentee Owner / Full Time Corporate Career

This is a great opportunity to own a newer Laundromat in Oakland County!  Established in 2023, this 4,399 sq. ft. laundromat is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All state-of-the-art equipment was used with a build-out price point of $1.8M and everything from equipment, piping, washers/dryers are all brand-new!  Seller’s loss is your gain! Owner has a full-time corporate career and runs the business completely absentee! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding weekly specials, vending machines, retail items, pick up & delivery services and commercial accounts, you have HUGE potential.  A must see/must have business that WILL-NOT last long on the market or disappoint!  Location alone is a homerun!  Don’t miss out on this great opportunity!! Turn-key operation only needing a new owner/operator! Seller will train new owner and entertain all reasonable offers.

Note: Currently being run as a franchise, Buyer can keep it a franchise or breakaway and go independent.