Owner Financing is Available!
Business Overview:
Located 20 minutes south of Ann Arbor , MI. in a good income city. Has dry cleaning and a coin laundry. All equipment is newer (6-7 years) and in good condition.
Dry cleaning has multiple machines to do large capacity (two dry cleaning, etc).
Coin laundry has 60 washers and 30 dryers.
Dry clean sales is $264,000, coin laundry is doing $130,000/year.
No other cleaners in an 8 mile radius; practically is a monopoly. Charging good cleaning prices. Can be purchased with 4 drop stores (Novi, Canton, Northville, Lathrup Village- see my other listings).
See attached document for more pictures.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Located 20 minutes south of Ann Arbor , MI. Dry cleaners is 6,000 sq. ft. Coin Laundry is 3,600 sq. ft. Rent is $5,500/month. 60 Washer and 30 dryers.
Market Competition and Expansion:
This is the only cleaner in the area. One other small dry cleaner within an 8 mile radius. High township median income of $69,000 in 2000 census (people working in nearby Ann Arbor). Commercial, wholesale sales could be increased for higher sales.
Reason for Selling:
Downsizing.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: