Seller's Contact Information

  • RE:  Dry Cleaners With Shirt Laundry
  • Contact:  Armen Nazarian
Listing Update!
Update: Dry Cleaners With Shirt Laundry is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry.

Business Overview:

This is a great opportunity to own a high-volume, full Dry-Cleaning Plant in Oakland County. Established in 1993, this plant with shirt laundry is located amongst very high affluent homes surrounded by plenty of residential and commercial establishments in the surrounding areas. All equipment has been maintained on a regular schedule and in excellent working condition. Nice established “Pick Up & Delivery” route service with (2) trucks also included in sale. Prior to covid, this plant was doing over $1 million per year and on target to achieve those numbers very soon. Current owner does no advertising… a new owner/operator with some creative advertising/marketing along with adding commercial accounts, 24 hours drop off box, social media marketing, expanding on current route territory and alterations, you have HUGE potential to the already solid gross sales. Great business for a family or husband/wife team with unlimited potential. High Cashflow! This store does not disappoint! A must see/must have business that will not last long! Contact Armen Nazarian.

Property Features and Assets:

This is a great opportunity to own a high-volume, full Dry-Cleaning Plant in Oakland County. Established in 1993, this plant with shirt laundry is located amongst very high affluent homes surrounded by plenty of residential and commercial establishments in the surrounding areas.

Reason for Selling:

Retire

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Listing Update!

Update: Dry Cleaners With Shirt Laundry is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.

Similar Active Listings That May Interest You:

Asking Price: $769,000

Self- and Full-Service Laundry: Out of State Owner

Williston, ND
Williams County

Strategically located in Williston, ND, which is a temporary home for over 100,000 laborers who migrate to the region for work in the agriculture, fields, and energy industries, and reside in temporary homes who need the access to do laundry. This 3,600 sq ft facility offers self-service laundry, shower facilities and drop-off services where employees will wash, dry and fold laundry for the customer. The owner lives out of state and only visits a few times a year. The business has 1 general manager along with 4-5 laundry techs. This spacious laundromat was established in 2012 and competition in the area is very low. The pay-per-load machines utilize a card service as opposed to cash and coin which is much more secure and safe, especially for the out of-state owner. Included in the purchase price is over $474,000 in hard assets. An SBA lender has pre-approved this deal structure. North Dakota is ranked 2nd, after Texas, as the highest oil producing state. Due to this fact, many oil companies will send swathes of contractors to this area and this business is noted as a preferred laundromat for their employees. Priced at $769,000, a 15% down payment of $115,350returns $108,294 in the first year after debt payments! Plus, the owner is offering a 10% promissory note and 6 months of training, as a sign of good faith. This activity has brought the business to a 41% profit margin. A new owner could boost revenue by offering starching and dry-cleaning services or by offering pick up services in the area and nearby towns.

Cash Flow $213,170
Revenue $519,267
$ Owner Financing Available

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

    Add Businesses and/or Franchises
    To Basket For Free Information

    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.