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

EBITDA:N/A

FF&E:N/A

Inventory:$4,000*

Rate/Sq. Ft.:N/A

Established:1996

*not included in asking price.

Dry Cleaners/Coin Laundry Combo Store / High Volume!

Get Financing Save Print Share Valuation Report

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

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
8,000
Lease Expiration:
N/A
Employees:
11 FT / 2 PT
Facilities:
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.
Financing:
$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.

Listing Statistics for Premium Members

Ad#:1299248 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Armen Nazarian

Business Listed By:
Armen Nazarian

Capital-1 Business Brokers

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


The Solar Scrubbers

Franchise Opportunity
Capital Required: $45,000