Metro Coin Laundry

Undisclosed Address, Michigan
Business Opportunity for Sale
Catylist Listing ID: 29999801
Property Subtypes: Business Services
Building Size (RSF): See Agent
Sale Price: $50,000
Name of Establishment: Metro Coin Laundry
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Rent $1000 per month----$500.00 towards equipment----owner financed with 10% down
Last Updated: 10/3/2016

Overview / Comments

Building owner remodeled and updated in April 2016. Purchased 20 refurbished machines, added 2 big screen TV, fans and new ac, vending machine and soda machine.Existing business is growing with positive feedback from all and picking up new customers

5 year Lease with options available . Lease rate $1000.00 per Month
Years 1-3, Year 4 and 5 will each have $100.00 increases in monthly rent.

Equipment $500.00 per Month for 90 months pays off equipment with $5000.00 Down.

Additional Details

Industry Segment: Commercial Laundry
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031


Photograph of Listing Agent

Barbara Vlahakis Smalley

Vlahakis Companies, Inc. CPIX Member
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