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24901865
24901866

21340 15 Mile Rd, Clinton Township, MI 48035

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$399,000
327 days on market
Updated 0 days ago
Opportunity zone

BRAND NEW LAUNDROMAT BUSINESS (SELLER FINANCING AVAILABLE)

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 2,500
Net Rentable (SqFt) 2,500
Units 1
Class A
Year Built 2025
Buildings 1

Brand New Laundromat Business – Seller Financing Available

Marketing description

Encore Real Estate Investment Services is pleased to present for sale a fully operational, brand-new laundromat business located in Clinton Township, Michigan. This is a turnkey opportunity with all new 2025 equipment in place and seller financing available. Real estate is not included β€” this is a sale of the business and FF&E only.

Whether you’re a seasoned operator or a first-time investor, this asset offers a stable, cash-based business model with daily income potential, low labor requirements, and recession-resistant demand.

Investment highlights

  • πŸ’° Sale Price: $399,000

  • πŸ’Έ Down Payment: $150,000

  • πŸ’³ Seller Financing Available – 10-Year Term, 10% Interest, ~$3,290/Month

  • 🧺 All Brand-New Equipment (2025) – No anticipated CapEx for years

  • πŸ“ Prime High-Traffic Location – 15 Mile Road near Gratiot Ave

  • 🏘️ Dense Residential Surroundings – 234,000+ residents within 5 miles

  • 🧾 Lease Terms: $3,200/month gross, 2,500 SF, 5-year initial term + options

  • πŸ“¦ Included Assets: Full list of commercial laundry equipment and operational infrastructure

  • 🚫 No Real Estate Included – Business and FF&E only


Why Laundromats?

Laundromats offer reliable, semi-passive income with limited overhead and no perishable inventory. The business benefits from:

  • Daily cash flow

  • Minimal staffing needs

  • Consistent usage patterns across economic cycles


Demographics (5-Mile Radius)

  • Population: 234,943

  • Households: 102,916

  • Avg. HH Income: $85,273

  • Surrounding Density + Rentership = High Demand for Laundry Services


Additional Notes

  • Buyer should anticipate ~$15,000 in additional upfront costs for signage and miscellaneous startup items.

  • 3 months free rent included as part of lease incentives.

Listing Contacts

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

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Additional Information

Name
Deno Bistolarides
License
6502378067
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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