Suburban Cleaners

Undisclosed Address, Michigan
Business Opportunity for Sale
Catylist Listing ID: 30512861
Property Subtypes: Business Services
Building Size (RSF): 2,790 SF
Sale Price: $149,900
Name of Establishment: Suburban Cleaners
Gross Revenue: $160,000 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: EBITDA
Sale Terms: Cash to Seller
Last Updated: 9/16/2020

Overview / Comments

Dry cleaners located in Tomas Township on M-46 just west of Saginaw Township and M-47.
Small house next door which has not been occupied for years used as storage.
Two lots on the corner of Gratiot (M-46) & Adams in Shields.
Very good exposure and only dry cleaner in the township.

Additional Details

Industry Segment: Commercial Laundry
Reason for Selling: Owner deceased and daughter does not live in the area, difficult for her to run from a distance. Great opportunity for someone.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Employee/Labor Description: 3 employees at time of listing.
Mgmt/Training Support Description: Manager at location willing to stay on, been there for years.
Competition/Market Description: No other dry cleaner in the township.
Growth/Expansion Opportunities: Good opportunity's

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031
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