MergerPlace

Dry Cleaner - Long Established!

Michigan (Macomb)


  • Asking Price: $130,000
  • Gross Income: $214,000
  • Cash Flow: $58,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $72,000
  • Listing ID: #226434
  • Established: 1974
  • Employees: 2 ft/ 3pt

Business Description

Long established Dry Cleaner for sale! This highly visible dry cleaner is located on a busy main road in Macomb County, and has been serving its loyal clients since the 1970's. The dry cleaner is super clean, well maintained, and includes top of the line equipment. This business proved its durability and resilience by netting 60k during the 2020 pandemic. This dry cleaner is run semi-absentee as the owner works about 15 hours a week total! State of the art point of sale system included. Excellent rent rate of $1500 a month for this spacious 2400 sq ft dry cleaner. Excellent investment opportunity!


Business Details

Primary Business Category: Services - Other Services
Location: Michigan
County: Macomb

Company Information

Year Established: 1974
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 ft/ 3pt

Financial Information

Asking Price: $130,000
Gross Revenue: $214,000
Cash Flow: $58,000
FF&E: $72,000
Seller Financing Available: Yes

Property Information

Facilities:

Beautiful and spacious 2400 sq ft building located on a highly visible main road. Very clean and well maintained with top of the line equipment.

Growth & expansion opportunities:

Extending hours and including a drive thru service can increase sales for this business dramatically!

Competition:

Competition exists, but this business has been around for over 40 years and has its loyal clientele.

Reason for selling:

Other business obligations

Support & Training:

Owner will train 3 weeks during transition

Contact Business Seller

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Business Listed By:

Paul Trochakerian

Inix Consulting and Brokerage