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    0000 Bloomfield Township, MI 48302

    Sponsored
    For Sale
    $285,000

    Established Pontiac Dry Cleaner, Real Estate Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving dry cleaning business in Pontiac, Michigan, presents a unique opportunity for an entrepreneur. Located on a busy commercial road with high visibility, this 5,000 square foot facility boasts impressive annual gross revenue of $380,000. The business is situated on owned real estate, though the land value of $250,000 is not included in the $285,000 asking price. The current owner is retiring after 20 years of operation, making this a turnkey opportunity for a new owner. Equipment is in good condition, with a recently installed dry cleaning machine. The buyer will need to assume the existing equipment loan. Significant growth potential exists through increased advertising; currently, no advertising is utilized. The business is offered with a 50% down payment financing option. This is an exceptional chance to acquire a well-established business with substantial revenue and significant room for expansion by adding drop-off locations and implementing a marketing strategy. The property is located in Oakland County, Michigan, with the address available upon request. The zip code is 48302.

    Property Features for 0 0000

    General Information

    Property type
    Investment properties

    HighLights

    • Asking Price: $285,000 for a high‑sales dry cleaning business and building.
    • Gross Revenue: $380,000.
    • Real Estate Value: $250,000 (not included in asking price).
    • Located in Pontiac, MI, Oakland County, in a high‑visibility commercial location.
    • Building Size: 5,000 square feet.
    • Owner retiring after 20 years; equipment in good condition, but buyer assumes existing equipment loan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3041061
    Latitude
    42.5805638

    Nearby Comparable

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      31.42 Acres

      South Leesburg Retail Opportunity

      Prime Retail Land, US-27 Access
      425 Franklin Rd, Bloomfield Hills, MI 48302
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      2,868 SF

      Updated Condo with Golf Views

      Updated Wabeek condo with golf course and clubhouse views.
      1795 Golf Ridge Dr, Bloomfield Hills, MI 48302
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    FAQs

    What type of property is this?
    Investment property - Established Pontiac Dry Cleaner, Real Estate Included
    Where is this investment property located?
    The property is located at 0000 Bloomfield Township, MI.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Asking Price: $285,000 for a high-sales dry cleaning business and building.; Gross Revenue: $380,000.; Real Estate Value: $250,000 (not included in asking price).
    Request Owner's contact information
    0000 Bloomfield Township, MI 48302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Bloomfield Township, MI 48302
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