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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

Full Plant Dry Cleaners

Full Plant Dry Cleaners

Oakland County

Listing#: C2643

Description

Dry cleaners are making a major comeback after the pandemic. Many of the mom & pop/low price cleaners have shut down leaving a lot of room for the ones who are open to grow and boom.

This dry cleaner is located in the upscale area of Oakland County with MANY residential customers all around. It has newer presses which include pant presses, utility presses, hot head, single buck shirt press, a large washer, and a 40LBS dry cleaning machine. All machines have been meticulously maintained over the years. The cleaners also has a newer large capacity boiler ( is in amazing condition) that is the heart of a dry cleaner’s operation. The current owner does wholesale for 2 “drop stores” in the area, but the sky is the limit since this store has all the machines needed to acquire more wholesale customers for shirts alone or dry cleaning and shirts.

This cleaner is located in a beautiful recently updated plaza with a lot of high foot traffic business around. The rent is at an excellent price for the area with time and options available on the lease. The sales for 2021 were $90,718 (not counting wholesale accounts) with a cash flow of around $45,000. The owner has a part-time presser who comes in a few days a week to press the garments. The store is extremely clean with step-by-step instruction manuals on how to work any piece of equipment that is inside of the store. You don’t need to be a dry cleaning expert to operate this business.

This is an amazing opportunity for someone to get into the dry-cleaning business at its prime. The market is not over saturated as it used to be. A new owner can raise the prices to the NEW market average and start doing free pick-up and delivery in the area to secure new customers. Also, offering wash and fold services, and even doing wholesaling to other “drop store” cleaners will greatly increase sales.

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Business Overview

Revenue $90,718
Cash Flow $45,000
Inventory $TBD
Year Established 1990
Seller Financing No
Employees 1FT 1PT
Asking Price $75,000
Key Statistics
  • Hours of Operation: Mon - Fri : 7 AM - 7 PM, Sat : 8 AM - 4 PM

  • Employees: 1 Full Time 1 Part Time

  • Year Established: 1990

  • Year Acquired: 2018

  • Liscence Required: Dry Cleaners / Boiler

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $90,718

  • Source: Seller Stated

  • Cash Flow: $45,000

  • Source: Seller Stated

  • Inventory Value: TBD

Seller Financing
Not Available


Location
  • Monthly Rent: $2,021

  • Lease Terms: Lease Expiration Date: January 1, 2023

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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.