0 0000Ypsilanti Charter Township, MI 48197

For Sale
$150,000
High-sales, low-overhead dry cleaning business.

Overview

Added:
Dec 11, 2024
Days on market:
126
This established dry cleaning drop-off store, located within a busy Kroger grocery mall in Ypsilanti Charter Township, Michigan (zip code 48197), boasts impressive gross revenue of $248,000 and an EBITDA of $60,000. The business operates on a simple, one-person model, requiring minimal staffing. Monthly rent is $3,300. The current pricing structure includes $4.50 for shirt laundry and $7.99 for pants dry cleaning, indicating strong profit margins. While the business outsources the cleaning process, it maintains a high volume of sales due to its convenient location within the Kroger mall. The business generates a net income exceeding $5,000 per month, in addition to the owner's salary. Note that alteration services, generating approximately $10,000 annually, are not included in the reported sales figures. This presents a significant opportunity for growth and expansion. The asking price for this turnkey operation is $150,000. This is an exceptional opportunity for an individual seeking a profitable and relatively low-maintenance business venture. The business is categorized as "Business Only" and does not include any real estate.

Highlights

  • Asking Price: $150,000
  • High-volume dry cleaning drop-off business generating $248,000 in gross revenue.
  • $60,000 EBITDA.
  • Located in a busy Kroger-anchored shopping center in Ypsilanti Charter Township, MI.
  • Monthly rent: $3,300.

Property Details for 0 0000

Property type
Commercial real estate

Location Insight

City
Ypsilanti Charter Township
County
Washtenaw
State
Michigan
Latitude
42.1966292
Longitude
-83.6135572
0000, Ypsilanti Charter Township, Michigan

FAQs

What type of property is this?
Commercial real estate - High-sales, low-overhead dry cleaning business.
Where is the commercial real estate located?
The property is located at 0000 Ypsilanti Charter Township, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Asking Price: $150,000; High-volume dry cleaning drop-off business generating $248,000 in gross revenue.; $60,000 EBITDA.
How can I contact the broker?
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