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Dry cleaners-mpls & st. louis park

minneapolis, Minnesota (Hennepin County)

Services - Drycleaning/Laundry

Asking Price $463,000 Inventory  
Gross Income $570,000 Real Estate  
Cash Flow $123,700 Year Established 1994
FF&E $75,000 approx* Employees approx. 9

* included in the asking price

** not included in the asking price

The cash flow is for an absentee owner. the cashflow wolud be more if the new owner would do dry cleaning and delivery clothes between stores.

Facilities: This business consists of one plant and one pick-up store. The plant does not have a shirt unit, but has room to have on installed.

Competition: This is a discount cleaners. Which is very good in these times.

Growth/Expansion: A shirt unit could be installed and would save $43,000 less labor $8,000 approx.

Financing: seller will carry back 25% of purchase price

Support/Training: Seller will have manager train .

Reason Selling: seller is an absentee , out of state owner.

AD # 380203

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