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Well-Equipped Dry Cleaning Plant

Oakland County, MI, USA
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Businesses For Sale | Laundromats & Coin Laundry Business For Sale

Listing ID : 427395

Posted on February 9, 2024 View Count 36

Price :
$150,000
Business Financials & Assets :
Gross Revenue:
$162,848
Cash Flow:
$75,000
Year Established:
2004
Inventory Included:
No
Estimated Value of Inventory:
$5,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$75,000
Property Details :
Business Details :
Number of Employees:
2
Absentee Owner:
No
Business Can Be Moved:
No
License Included:
No
Real Estate:
Leased
Rent:
$3,999
Type of Lease:
Gross Lease or Full Service Lease
Lease Expiration:
July 2024
Building Size:
2,000 Sq. Ft.
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Financing:
Seller Financing Business Price: $150,000 Down Payment: $75,000 Monthly Payment: $2,368 Interest Rate: 8.5% Amortization Period: 36 Months
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Our firm is excited to present this fully equipped, environmentally-friendly dry cleaners with on-site shirt laundry. Located in prime northern Oakland County within an A-class plaza, surrounded by residential homes, this dry cleaner is a fantastic opportunity. The facility features a 50LBS hydrocarbon machine installed around 2014, a double buck Sankosha shirt machine, Sankosha pants and utility press. Along with a lot of other equipment/machines. All equipment is in excellent condition, meticulously maintained by the owner. The boiler, air compressor, and water tank are also in amazing condition with ZERO issues. This is a must-see plant, and all equipment is included in the sale.

Before the challenges of COVID-19, annual sales reached approximately $200,000. Despite shorter operating hours, the owner has made a remarkable post-COVID comeback, bringing sales close to pre-pandemic levels. Interestingly, the current owner, without any advertising, generates over $75,000 in annual income without advertising additional services such as alterations, leather cleaning, and same-day services.

For a new owner, the potential for sales growth is substantial. Introducing a pick-up and delivery route within the area, along with wholesale opportunities for shirt cleaning/pressing to cleaners without shirt laundry or dry stores, can significantly boost revenue. This is a turn-key dry cleaners with all the necessary equipment and systems for a successful operation.

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