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

Excellently Equipped Dry Cleaning Plant

Excellently Equipped Dry Cleaning Plant

Oakland County

Listing#: C2720

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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, Shankosha 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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Business Overview

Revenue $162,848
Cash Flow $75,000+
Inventory $5,000 +/-
Year Established 2004
Seller Financing Yes
Employees 2FT 0PT
Asking Price $150,000
Key Statistics
  • Hours of Operation: Mon-Fri 7am-7pm, Sat 9am-4pm

  • Employees: 2 Full Time 0 Part Time

  • Year Established: 2004

  • Year Acquired: 2014

  • Liscence Required: Boiler License

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $162,848

  • Source: Seller Provided Financials

  • Cash Flow: $75,000+

  • Source: Seller Provided Financials

  • Inventory Value: $5

Seller Financing
  • Business Price: $150,000

  • Down Payment: $75,000

  • Monthly Payment: $2,368

  • Interest Rate: 8.5%

  • Amortization Period: 36



Location
  • Monthly Rent: $4,000

  • Lease Terms: Lease Expires: 6/30/2024 with option to renew

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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.