Services - Drycleaning/Laundry | Services - Other Miscellaneous services

Asking Price	$330,000	Inventory	$1,500*
Gross Income	$99,857	Real Estate	$203,200*
Cash Flow	Not Disclosed	Year Established	1975
FF&E	$122,630*	Employees	2 pt

* included in the asking price

** not included in the asking price

This is a long-established, owner-maintained, and successful coin-op Laundromat. Currently requires very minimal owner hours. Located in a small W Michigan community (Grand Rapids is the nearest metro market approximately 30 miinutes to the south, south-west).

Facilities: Bright, 3200 sf building located along a busy street with great visibility. Easy access & ample parking. Equipment is well-maintained by experienced owner-operator. 50 washers (top load, 18#, 20#, 35#, 40#, & 50#) and 29 dryers. Includes equipment by Dexter, Speed Queen, Milnor, and Maytag. Facility has appropriate washing to drying capacity to insure no waiting. Includes 2 currency changers, 10 folding tables, 20 carts, 2 hanging racks, seating, 2 TV's, 8-col soap vendor, snack machine. Surveillance and automated cost-saving features in place.

Competition: Machine pricing is current; no significant competitive issues. Location is commercial yet close proximity to residential base.

Growth/Expansion: Present owner works part-time (4-5 hrs/wk). Expansion opportunities are present if desiring a more hands-on situation.

Support/Training: Seller willing to provide support and detailed training.

Reason Selling: Retirement