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