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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: motivoweb@gmail.com

Dry Cleaning Plant & Laundry Business — PENDING

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Dry Cleaning Plant & Laundry Business — PENDING

Macomb County

Listing#: C2625

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Description

This is your chance to own and operate a profitable, full service dry cleaning plant in one of the largest suburbs in the metro area. Specializing in shirt laundry since the 1980s, the plant is located on a major road with high traffic and store front-facing visibility. All equipment is well maintained and ready for a new owner / operator to start immediately. The 3 part time employees have been with the business for over 10 years. The plant uses an 80 lb. Union dry cleaning machine providing high volume capability and 2 high volume washing machines (40 lb. & 55 lb.). A new owner can increase sales by opening earlier and expanding the routes. The delivery routes include: Shelby Twp., Sterling Heights & Romeo Plank. Delivery van sold separately. Don’t miss out on this opportunity to own a full service dry cleaner with low rent and a high traffic location. Contact us for more information!

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Business Overview

Revenue $224,890
Cash Flow $77,884
Inventory $2,000 +/-
Year Established 1980's
Seller Financing Yes
Employees 1FT 3PT
Asking Price $99,500
Key Statistics
  • Hours of Operation: Monday - Friday: 9 AM - 3 PM, Saturday: 9 AM - 2 PM

  • Employees: 1 Full Time 3 Part Time

  • Year Established: 1980's

  • Year Acquired: 2019

  • Liscence Required: Sales Tax

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $224,890

  • Source: Tax Returns

  • Cash Flow: $77,884

  • Source: Tax Returns

  • Inventory Value: $2

Seller Financing
  • Business Price: $99,500

  • Down Payment: $30,000

  • Monthly Payment: $1,376

  • Interest Rate: 7%

  • Amortization Period: 60



Location
  • Monthly Rent: $1,500 Gross

  • Lease Terms:

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Disclaimer

This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.