$154K Net Income | 24-Year Dry Cleaners & Coin Laundry - Business for Sale

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Dry Cleaning and Coin Laundry Business in Wayne, MI

MI, US
Added 4 months ago
Personal Product & Service, Business and Professional Services, Retail Stores

This business is a 24-year established dry cleaning and coin laundry operation located in Wayne, MI, operating from a 5,000 sq. ft. facility with 42 washers and dryers and four on-site employees.

Key Information

Asking

$280K

Revenue

$354K

Earnings

$154K

Multiple

1.8x

Key Highlights

  • 24 years in operation
  • Located in Wayne, MI
  • 5,000 sq. ft. facility
  • 42 washers and dryers (15 new dryers installed, parts ordered for 9 more)
  • Four on-site employees
  • Annual net income: $154,000
  • Landlord open to selling real estate to buyer
  • Structured closing incentive for equipment and facility improvements

Contact Info

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