Established Dry Cleaners Business for Sale with Six-Figure Cash Flow

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Financial Details

Asking Price:
$220,000
Annual Revenue:
$195,000
Cash Flow / SDE:
$120,000
Profit Metric:
Adjusted Net Income
Valuation Multiple:
1.8x
Location:
Lake Orion, MI, US
Source:
Date:
September 23, 2025

Key Highlights

Stable six-figure cash flow ($120,000 Adjusted Net Income).
Established business with 30 years of community service and a loyal customer base.
Includes delivery truck and $98,967 in FF&E, with an established delivery/pickup route.

Description

This listing presents an opportunity to acquire a well-established dry cleaning business located in Lake Orion, MI, boasting a stable six-figure cash flow of $120,000 in Adjusted Net Income. With 30 years of service to the community, the business has demonstrated resilience and growth, successfully navigating recent industry challenges. It features an established delivery and pickup route contributing over 20% of revenue, a delivery truck, and $98,967 worth of Furniture, Fixtures, and Equipment (FF&E) included in the asking price. The 1,700 sq ft leased location is situated in a prime shopping center with anchor tenants like ACE Hardware and Kroger's. The business is poised for continued success as the industry consolidates, with opportunities to gain market share from exiting competitors. This is a prime opportunity for a new owner to step into a profitable and stable operation.

Industry Information

Industry Description:
Dry Cleaners/Laundromat
Classification:
Service Businesses

Operational Snapshot

Year Established:
1991

Real Estate & Lease

Status:
Leased
Monthly Rent:
$2,965 USD
Lease Expiration:
2022

Assets & Inventory

FF&E Value:
$98,967 USD
Includes FF&E:
Yes

Broker Contact

Name:
Ken Lee
Company:
First Choice Business Brokers
Phone:
248-218-2630

Listing Details

Listing ID:
f04babab-8455-49ab-a2d6-0dde3cd290bd
Source Listing ID:
20048
Deal Status:
Sold
Last Updated:
September 23, 2025
Currency:
USD

Features & Tags

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