Services - Drycleaning/Laundry

Asking Price	$570,000	Inventory
Gross Income	$520,000	Real Estate
Cash Flow	$240,000	Year Established	N/A
FF&E	N/A	Employees	6ft, 4pt

* included in the asking price

** not included in the asking price

Rebuilt building & store due to fire about 5yrs ago. Dry cleaner & coin laundry located 20 miles south of Ann Arbor in high median (69k) income area. $750k spent to rebuild. Grocery store opened next door and sales has been increasing. No competition in 8 mile radius. This is practically monopoly. Building can be purchased as well. See attached file for more pics.

Attachments: Download additional information (PDF)

Facilities: Newer equipment & facility incl all equpmt for dry cleaning & coin laundry: 2 dry clean mach, shirt press, presses, washer, dryer, water softner, etc. coin laundry equpmt incl 60 washers, 30 dryers. 6000 sf for dry cleaner, 3600 sf for laundry. rent: 5500/m+800/m NNN.

Competition: Closest competitor cleaner is 8 miles away.

Growth/Expansion: Commerical and wholesale accounts can be added for high sales.

Financing: 347k down (or bank loan), take over existing $223k land contract

Support/Training: Full training

Reason Selling: relocation