Dry Cleaner - Dry Store - 23% revenue increase year over year

Framingham, MA (Middlesex County)

Dry Cleaner - Dry Store - 23% revenue increase year over year
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Asking Price: $75,000

Cash Flow: $57,523

Gross Revenue: $177,290

EBITDA: $57,523

FF&E: $17,000

Inventory: N/A

Rent: $2.62 /Month

Established: 2014

Dry Cleaner - Dry Store - 23% revenue increase year over year

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Business Description

High visibility, high growth dry store located in a retail strip center at a lighted signal with excellent traffic, co-tenancy and location. This store is currently under a franchise tag but can be sold with out the tag. A great opportunity to purchase a growing business in an excellent location - turnkey. 50,000 + cars per day past this location with good pylon signage - 12,770 SF retail center with a bank and other national retailers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,082
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,082 SF retail space with a turnkey operation to include counters, computers, conveyors, racks, changing rooms and office area.
Competition:
Excellent demographics - with in 3 miles = population 69,760, households 26,942, average age 39.1, median house hold income $83,884, daytime employment 50,273.
Growth & Expansion:
Great upside through target marketing, increasing below market prices and capitalizing on the high visibility location.
Support & Training:
to be determined.
Reason for Selling:
Other interest
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(from currently available funds)
 
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Nicholas Orlov

Business Listed By:
Nicholas Orlov

The Orlov Company, Inc.

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