Rebuilt Dry Cleaner & Coin Laundry, High Sales
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $430000
Net Profit / Cash Flow $170000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2003
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Full training.
Reason for Sale Focus on other owned business.
Description Asking $500k, owner financing at $150k down. Rebuilt building & store due to fire about 5yrs ago. Dry cleaner & coin laundry for sale are located 20 miles south of Ann Arbor in high median (69k) income area. $750k spent to rebuild. Grocery store opened next door and sales has been increasing. No competition in 8 mile radius. This is practically monopoly. Building can be purchased as well.
Facilities: Newer equipment & facility incl all equpmt for dry cleaning & coin laundry: 2 dry clean mach, shirt press, presses, washer, dryer, water softner, etc. coin laundry equpmt incl 60 washers, 30 dryers. 6000 sf for dry cleaner, 3600 sf for laundry. rent: 5500/m+800/m NNN. Email or call Shawn Baek at 248-926-3878.
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