| Asking Price |
$139,000 | Inventory |
$1200** |
|---|---|---|---|
| Gross Income |
$88,225 | Real Estate |
|
| Cash Flow |
$51,160 | Year Established | 1950 |
| FF&E |
$80,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
This Dry Cleaner and Coin Laundry has been in the family for over 30 years. It has a well established clientele good equipment and they are ready to train a new owner.
Facilities: This Facility has a lease that goes till 7/31/2015 and the base rent is only $1,200. It goes up to $1,300./Month in August of 09 until the end of the lease in 2015. It includes a 45lb. Real Star Dry Cleaning Machine, 6 -20lb. Dexter Front Load Washers, 1-50lb. Continental Washer, 1-35lb. Milnor Washer, 10-30lb. Loadstar Dryers, 1 Huebsch Stack Dryer (2-30lb. pockets), 1-Professional Sewing Machine, 2 pressing Tables, 10-Whirlpool Top Load Washers, 3 Top Load Washers for Wash & Fold Only.
Competition: This is a Family run business and they take pride in there work. This type of operation would be great for a new family.
Growth/Expansion: This is a recession proff type business, everybody washes clothes
Financing: Seller is moving out of the country are asking for cash
Support/Training: The Seller will work with a new owner for up to 30 days to familiarize them with all aspects of the business.
Reason Selling: The Seller wishes to return to his own Country

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