Dry Cleaning pick up stores

Denver, CO (Denver County)

Seller Financing Available
Dry Cleaning pick up stores

Asking Price:$200,000

Cash Flow:N/A

Gross Revenue:$305,420

EBITDA:N/A

FF&E:N/A

Inventory:$3,000*

Lease Rate/Sq. Ft.:$44.63

Established:2002

*not included in asking price.

Dry Cleaning pick up stores

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Business Description

Dry cleaning pick up stores, Denver, sales $305,420 & $269,558

Elite dry cleaning pickup store in the Denver Metro area with sales of $305,420 (information above is for this store). Second retail dry cleaning pickup store has sales of $269,558 with 673 sq. ft. with monthly rent of $3,233 and also 14 years in business. This second store is priced at $175,000 with $117,000 down and the balance of $58,000 payable over 48 months @ 5.5%, monthly payment $1,349. The pickup stores are located in affluent areas. Operated absentee since inception and for the last 10 years the owner has lived in California. Retail prices for both stores are: pants $7.95, dresses $14.85+, blouses – dry cleaned $7.45, laundered dress shirts $3.10 and coats $7.95+. These retail stores are part of a large independent dry cleaning chain with sales over $1.2 million.

Routes and a dry cleaning plant are also available to purchase. Routes are: hotel route with sales of $443,978 for $150,000 total price with $105,000 down and seller financing; home delivery sales $113,857 with a price of $60,000 with $42,000 down and seller financing; and a commercial route with $104,949 sales for $40,000 with $28,000 down and seller financing. The dry cleaning plant has 60 lb. and 40lb. environmentally friendly cleaning machines, 2 double buck shirt machines, washers: 80lb, 60lb, 55lb and other cleaning equipment. It is available for $175,000 with $150,000 down and $20,000 seller financing.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
10/31/2018
Employees:
2 FT 1 PT
Facilities:
Location in a popular shopping center in an affluent area.
Financing:
$66,000 over 48 months @ 5.5%. Monthly payment $1,534.
Support & Training:
As needed.
Reason for Selling:
Retirement

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Fred M. Mehring

Business Listed By:
Fred M. Mehring

Select Business Group, Inc.

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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