Modernized Coin Laundry (Semi-Passive Investment)

Coin laundry for sale in Detroit, MI, asking $450,000. The seller reports gross revenue of $700,000, cash flow (SDE) of $150,000. That prices the business at about 3.0x cash flow, with a 21% cash-flow margin on revenue. The business was established in 2016, giving it 10 years of operating history, and runs with 4 employees. This listing is published by BusinessBroker.net. Figures are as reported by the seller or broker and are not verified by SudsList. Open the original listing to see the full details and contact the seller.