Services - Drycleaning/Laundry

Asking Price	$515,000	Inventory	$5,000*
Gross Income	$518,745	Real Estate
Cash Flow	$186,459	Year Established	1988
FF&E	$100,000*	Employees	8

* included in the asking price

** not included in the asking price

Dry Cleaner and laundry Facility, with full plant. Offers a complete range of services, along with alterations. This is a very well established business with a solid reputation. The equipment is up to code including the dry cl;eaning machine.The seller is some what absentee and typically will spend 6 months out of the year in Arizona.

Facilities: FF&E included along with inventory @ cost. The premise is approx 1,500 sq.ft, seller just signed a 1 year lease. The Landlord will extend the lease.

Competition: The store is located in a very affluent neighborhood. However, there is competition in the area.

Growth/Expansion: Seller feels a full time owner operator could grow the business. along with a added drop station.

Financing: $200,000 down; term: 10 yrs; all due in 7yrs; 8% interest

Support/Training: Seller to familiarize the buyer for 2 weeks after the close of escrow. (included in sale)

Reason Selling: Health and Age