Asking Price:

$175,000

Gross Income:

$190,000

Cash Flow:

$50,000

FF&E:

$125,000.00 *

Inventory:

N/A

Real Estate:

N/A

Year Established:

25

Employees:

4

Business Type:

Drycleaning/Laundry Services

* included in the asking price

Business Description

Located within a busy retail shopping district in close proximity to a variety of other merchants that include big box retail, grocery store, drug store chains,post office fitness center etc this dry cleaner is extremely convenient to the many long term loyal customers that live and work in this growing area This business has been operated by the same owners in the same location for over 20 years and is a wonderful profitable business for an owner/operator or you can run it as the current owners semi-absentee

Detailed Information

Facilities:

Spacious 2,000 sq.ft. retail and production facility with plenty of parking and a drive through window...Brand new boiler installed $17,000 upgrade

Competition:

Best location for dry cleaning in the area situated at corner with a traffic light for easy access

Growth/Expansion:

New owners could pursue commercial/institutional contracts and could solicit profitable insurance claim work smoke and water damage

Financing:

Seller may provide some financing for well qualified buyer

Support/Training:

Owners will train and transition

Reason Selling:

Owners are retiring