Dry Cleaners/Coin Laundry Combo Store / High Volume!

Wayne County, MI

Seller Financing Available
Dry Cleaners/Coin Laundry Combo Store / High Volume!

Asking Price:$99,000

Cash Flow:N/A

Gross Revenue:$524,546




Rate/Sq. Ft.:N/A


*not included in asking price.

Dry Cleaners/Coin Laundry Combo Store / High Volume!

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Business Description

This is a great opportunity to own an 8,000 sq ft Dry Cleaners/Coin Laundry combo store located on a highly busy traveled road! Sales are in excess of $524,000 per year! This store is being run completely absentee! Dry Cleaning sales are $335,000 and Coin Laundry sales are $189,000. Current owner is not involved in the day to day operations and does no advertising.... A new owner/operator with adding some creative advertising/markeking, commercial accounts and valet route service, you have HUGE potential to maximize the store potential & increase the already high volume gross sales and profits. All equipment is in good condition! This store does not disappoint! Turn key operation needing a new owner/operator! A must see/must have business!!! Seller will entertain all reasonable offers! Call Armen Nazarian @ 248-855-7753 or visit www.armennazarian.com

Note: Licensing fee is $500.00 per month.

Detailed Information

Not included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
11 FT / 2 PT
This is a great opportunity to own a 8,000 sq ft Dry Cleaner/Coin Laundry combo store in the Downriver area. Located on a highly traveled road with major anchor tenants in the strip center.
$99,000 with $50,000 down, 8% int., amortized over 120 mths, balloon due in 60 mths
Support & Training:
Seller will train.
Reason for Selling:
Absentee Owner with a Full Time Corporate Career.

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Armen Nazarian

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Armen Nazarian

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