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431 W 9 MILE Road

Ferndale, MI 48220
  • $150,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 20240018490
$150,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,381
    SQFT
  • $63
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1948
County:
Area:
Zoning:
Commercial,Multiple

School Ratings & Info

School District:

Description

Successful Dry Cleaners & Alterations Service Business Only for Sale in Downtown Ferndale! Are you ready to step into the thriving world of dry cleaning and alterations? Look no further! We present to you an exceptional opportunity to acquire a well-established dry cleaning and alterations service business located in the heart of Downtown Ferndale. Established reputation for quality service and customer satisfaction. Prime location with high visibility and steady foot traffic. Fully equipped facility with top-of-the-line machinery to handle various cleaning and pressing needs. Key Equipment Included: Firbimatic Omina Hydrocarbon Dry Cleaning Machine, Professional 100Hd Heavy Duty Steam Ironing Press, Commercial Cissell CHD50 Dryer, Ingersoll-Rand 5HP Rotary Screw Air Compressor , Unimac UW60 Washing Machine, Itsumi BT-10XMC 99 Single Shirt Machine and much more! Strong and loyal customer base with repeat clientele with an opportunity for growth and expansion through marketing initiatives and additional services tapping to a larger customer base that has not been taken advantage of. Skilled and experienced staff in place, ready to support new ownership. (Will Only Need To Hire A Tailor) Netting over $100,000/Annually! Financial details available upon request for serious inquiries. Don't miss out on this incredible opportunity to own a successful dry cleaning and alterations business in Downtown Ferndale. Take the next step towards entrepreneurship and schedule a viewing today!

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-04-03T23:59:38.88.
www.bhhssnyder.com/homes/148853903
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431 W 9 MILE Road Ferndale, MI 48220

  • Price: $150,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: 20240018490
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,381
SQFT
$63
$/SQFT
1948
Built
Neighborhood:
ELSINORE SUB
County:
Oakland
Area:
Ferndale
School District:
FERNDALE
Property Description
Successful Dry Cleaners & Alterations Service Business Only for Sale in Downtown Ferndale! Are you ready to step into the thriving world of dry cleaning and alterations? Look no further! We present to you an exceptional opportunity to acquire a well-established dry cleaning and alterations service business located in the heart of Downtown Ferndale. Established reputation for quality service and customer satisfaction. Prime location with high visibility and steady foot traffic. Fully equipped facility with top-of-the-line machinery to handle various cleaning and pressing needs. Key Equipment Included: Firbimatic Omina Hydrocarbon Dry Cleaning Machine, Professional 100Hd Heavy Duty Steam Ironing Press, Commercial Cissell CHD50 Dryer, Ingersoll-Rand 5HP Rotary Screw Air Compressor , Unimac UW60 Washing Machine, Itsumi BT-10XMC 99 Single Shirt Machine and much more! Strong and loyal customer base with repeat clientele with an opportunity for growth and expansion through marketing initiatives and additional services tapping to a larger customer base that has not been taken advantage of. Skilled and experienced staff in place, ready to support new ownership. (Will Only Need To Hire A Tailor) Netting over $100,000/Annually! Financial details available upon request for serious inquiries. Don't miss out on this incredible opportunity to own a successful dry cleaning and alterations business in Downtown Ferndale. Take the next step towards entrepreneurship and schedule a viewing today!
Exterior Features

Architecture Level 1 Story Foundation Details Slab Road Frontage Feet 25 Road Frontage Type Class APaved Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Forced Air Sq Ft Main 2381 Sq Ft Office 500 Water Heater Fuel Natural Gas

Property Features

Assessment 309.00 Business Type ServiceRetail Commercial Type Business Opportunity Current Use Dry CleanersLaundryTailorAlterations Deposit Amount 75000.00 Existing Lease YN No Gross Scheduled Income 240000.00 Inventory Included YN No Land Contract YN Yes Land Interest Rate 5 Land Payment 1500 Land Terms 36 Listing Financing CashContractConventional Net Operating Income 110000.00 Operating Expense 130000.00 Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Ferndale Protection Period 0 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 5709.0000 Tax Amount Winter 135.0000 Title Standard (Private) Total Tax 5844.0000 Unparsed Address 431 W 9 MILE Road Water Source Public (Municipal) Year Remodeled 2018 Zoning CommercialMultiple

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via EXP Realty LLC: (888) 501-7085 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-04-03T23:59:38.88.
 
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