Dry Cleaners

Macomb County, MI

Seller Financing Available

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Asking Price:$139,000
Gross Revenue:$180,000
Rent:$3,000/Month
Cash Flow:$50,000
Inventory:$8,000
Established Year:1964
BUSINESS DESCRIPTION

This is a great opportunity to own a long established, Dry-Cleaning Plant in Macomb County. Established and family owned since 1964, this plant is located on a highly traveled/hard corner road surrounded by plenty of residential/commercial establishments, a hospital, corporate headquarters, factories and major anchor tenants in the surrounding area. All equipment has been maintained on a regular schedule and in excellent working condition. Current owner does no advertising… a new owner/operator with some creative advertising/marketing along with expanding the hours, adding a valet pick-up & delivery route service, adding commercial accounts, 24 hours drop off box, shirt laundry and alterations, you have HUGE potential to the already solid gross sales. This business is in a duplex building which new owner can occupy additional space as needed. Great business for a family or husband/wife team with unlimited potential. Very Profitable! This store does not disappoint! A must see/must have business that will not last long! Seller will train and entertain all reasonable offers! Call AP Nazarian @ 734-292-0917 or visit www.apnazarian.com


DETAILED INFORMATION
Location
Macomb County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,200
Employees
2
Facilities
All equipment has been maintained on a regular schedule and in excellent working condition.
Growth & Expansion
Current owner does no advertising… a new owner/operator with some creative advertising/marketing along with expanding the hours, adding a valet pick-up & delivery route service, adding commercial accounts, 24 hours drop off box, shirt laundry and alterations, you have HUGE potential to the already solid gross sales. This business is in a duplex building which new owner can occupy additional space as needed.
Financing
$139,000 with $80,000 down, 8% int., amortized over 60 months
Support & Training
Seller will train.
Reason for Selling
Retirement
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AP Nazarian