Services - Drycleaning/Laundry

Asking Price	$749,000	Inventory	$3,000 **
Gross Income	$330,000	Real Estate	$580,000*
Cash Flow	$85,000	Year Established	1973
FF&E	$210,000*	Employees	7

* included in the asking price

** not included in the asking price

DRY CLEANING BUSINESS WITH LAND AND BUILDING This dry cleaning business is located in Little Rock. The business was established in 1973, that s 35 years. The facilities are only 20 years old and have a value of $580,000 for the land and building. The equipment was replaced in 1998 and 1999 and has a value of $210,000 for all FF&E. Combined that s $790,000 in assets with the sale of the business. There is only one location at this time, so the opportunity to add drop stores is there for you to grow this business. The owner currently has routes in West Little Rock, North Little Rock and Maumelle. This is another area for growth as routes for dry cleaners are the future. The business has 7 employees; the Manager has been there for 20 years as well as 4 others with 18 to 25 years with the business. The reason for the sale is health. Sales for 2006 and 2007 are reported at over $300,000 per year with an owner benefit of $85,000. The asking price including all FF&E, Real Estate, Inventory and Receivables on premises is $749,000. Call Tom Redican (501) 908-5178 or tomredican@hotmail.com

Growth/Expansion: The business has no drop stores and a limited route. If you are willing to work you will grow this cleaner.

Support/Training: Seller will provide training and support.

Reason Selling: Health.