Dry Cleaner Business for Sale in Detroit, MI
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Financial Details
- Asking Price:
- $100,000
- Annual Revenue:
- $350,000
- Cash Flow / SDE:
- $80,000
- Valuation Multiple:
- 1.3x
- Location:
- Detroit, MI, US
- Source:
- Date:
- June 14, 2025
Key Highlights
- Established dry cleaner in Detroit, MI with high visibility location.
- Generates $350,000 in gross revenue and $80,000 cash flow.
- Business for sale at $100,000; building also available for purchase.
Description
Established dry cleaner located on Grand River Ave in Detroit, MI, in front of a Meijer grocery store. The business has a gross revenue of $350,000 and a cash flow of $80,000. The asking price is $100,000 for the business only, with an option to purchase the building as well for $330,000. The monthly rent is $4,000. The business employs three people and the seller is looking to retire.
Industry Information
- Industry Description:
- Dry-Cleaning & Laundry
- Classification:
- Retail
Listing Details
- Listing ID:
- af136ab2-5a13-4e7a-b183-5249f82856ad
- Deal Status:
- For Sale
- Date Posted:
- June 14, 2025
- Last Updated:
- June 14, 2025
- Currency:
- USD
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