Services - Drycleaning/Laundry | Services - Other Personal Services

Asking Price	$70,000	Inventory
Gross Income	$153,000	Real Estate
Cash Flow	$68,000	Year Established	1985
FF&E	$28,000*	Employees	3

* included in the asking price

** not included in the asking price

This dry cleaner has been a fixture in this town on the water since 1985 and is only one of two in Jefferson county. The Current owner purchased the business in 2003 and then added Tux Rental in 2005. Sales have increased every year since 2003. It is a wonderful location and will provide a great life style change from the big city life. They clean and press the clothes on site and have recently purchased a new press finish machine that can press a shirt in 1 minute. This is the perfect business for a husband and wife and family and can generate $60-70,000 per year in cash flow. There is plenty of room for growth as the sellers have not advertised or considered pick up & delivery, promotions, etc. The hours are reasonable at 8:00 AM to 5:30 PM weekdays & 10 AM to 2 PM Saturdays. This is an excellent business opportunity for many reasons.

Facilities: This Dry Cleaner & Tux Rental has been located since 1985 in an end unit of the only strip mall in down town Pt Townsend, WA. The Glass front is attractive and clean which contains approximately 1620 SF working space. The current owner purchased the Dry Cleaning business in 2003 and added Peninsula Tux in 2005; 2007 they added a Sam 951 High Press Shirt presser; 2002 a new boiler was installed and the dry cleaner was installed in 1991. The lease is $2700 + $270.,SELLER WILL TAKE BEST OFFER.

Competition: There are only two dry cleaners in Jefferson County. They have the cleaning contract for the city police and a strong customer base with the Sheriff, fire and WA State Patrol. They are the only Tux rental in the county and serve the 2 high schools for dances and special occasions. Wedding are big in Port Townsend during the summer.

Growth/Expansion: The current owner works about 5-6 hours per day and has an employee for the front desk & alterations and a part time presser. This could be more efficient with an owner/operator with family. Other suggestions for expansion is to work harder on the Rental business, provide Pick up & Delivery to the Port Ludlow area ($), and maybe a one hour service.

Support/Training: Seller will provide 3 weeks of free training at 20 Hrs/ week for a smooth transition.

Reason Selling: Seller is moving out of area