Very Profitable Dry Cleaner

King County, WA

Seller Financing Available
Very Profitable Dry Cleaner

Asking Price:$379,000

Cash Flow:$135,000

Gross Revenue:$252,818

EBITDA:N/A

FF&E:$66,000

Inventory:N/A

Rate/Sq. Ft.:$29.48

Established:1994

Very Profitable Dry Cleaner

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Business Description

Rare and Desirable Dry Cleaners

Long established dry cleaners with higher than average gross sales and net income. Great lease terms and surrounded by upper income customers.This is a full service dry cleaner with shirt laundry and alteration service. The business in known for giving great customer service and has an extremely loyal customer base. This is an excellent opportunity for a couple or family.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
1,400
Lease Expiration:
7/31/2021
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is in a well-established shopping center that provides great convenience to the surrounding area residents. There is almost five years remaining on the lease, and an additional five year option to renew.
Support & Training:
Owner will train and employees willing to stay on.
Reason for Selling:
Retirement

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Ronald Sterling

Business Listed By:
Ronald Sterling

Keller Williams Business Brokerage

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Sponsoring Broker:
Ron Sterling

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