Established Dry Cleaner with Satellite Location

VA

Established Dry Cleaner with Satellite Location

Asking Price:$725,000

Cash Flow:$51,000

Gross Revenue:$510,000

EBITDA:N/A

FF&E:$300,000

Inventory:$5,000

Real Estate:$350,000

Established:1945

Established Dry Cleaner with Satellite Location

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Business Description

Purchase this Long-Standing and profitable Dry Cleaning Business w/ two locations.

Family owned and operated for over 70 years, this Cleaners offers premium dry cleaning services with personal care of all customer garments, linens and specialty items as well as commercial client's dry cleaning needs. The employees are experienced as most of the staff has been with the company for 10-15 years, and take pride in the services they offer.

One of only a handful of local dry cleaners to utilize a non-toxic solvent that is biodegradable and completely safe for the environment. They also offer Home Delivery and Specialty Cleaning services (Military, Bridal, Rugs, Leather/Suede/Fur, Window Treatments, Bedding, Boots, Smoke/Water damaged items, and more).

The 5,000 SF primary location is located along a well-traveled thru-fare with a favorable Rental rate of $3,000 per month and a lease good through December 2017 with an additional 20 year renewal option. Don’t let this opportunity pass by without finding out more.

**Purchase options include Business w/ long-term lease (+Option-to-Purchase) or Packaged Business & Real Estate.

Contact FOUAD MOHIT for more information at (757) 237-2301 or FOUAD@SUNBELTNETWORK.COM.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
5,000
Employees:
5pt; 5ft
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Retirement

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Fouad Mohit

Business Listed By:
Fouad Mohit

Sunbelt Business Brokers of Hampton Road

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Sponsoring Broker:
SUNBELT HRVA

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