0 0000Bloomfield Township, MI 48302

Property Details for 0 0000

Property type

Other commercial real estate

Property subtype

Investment properties

Description

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.

Location Insight

City

Bloomfield Township

County

Oakland

State

Michigan

Latitude

42.5806

Longitude

-83.3041

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