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Dry cleaner w/bldg: long history, newer equpmt, good location

hazel park, Michigan (Oakland County)

Services - Drycleaning/Laundry

Asking Price $350,000 Inventory  
Gross Income $200,000 Real Estate $180,000* 
Cash Flow $120,000 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Long time established dry cleaner incl building with drive-thru & good parking. Newer equmt incl union 50lb dry clean machine(01), unipress shirt press(01), boiler(03). Good location on 9 mile rd just off I-75. Priced reasonable for quick sale. Nerver done advertizing, advertizing will lead to more sales. Charging decent piece price for cleaning. see attached pict. Cash flow include two owner salaryof $40k.

Attachments: Download additional information (PDF)

Facilities: 1948 sqft single building, good cond.

Competition: Not much competition, there're a few cleaners in the area, no discount pressure.

Growth/Expansion: Have not done much advetizing, advertizing will lead to more sales.

Financing: 50% down owner financing

Support/Training: Full training

Reason Selling: buying larger cleaner

AD # 373310

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