Dry Cleaners with Property in Chicago near Hyde Park

Chicago, IL (Cook County)

Seller Financing Available
Dry Cleaners with Property in Chicago near Hyde Park
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Asking Price: $395,000

Cash Flow: N/A

Gross Revenue: $178,875

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $395,000

Established: 1998

Dry Cleaners with Property in Chicago near Hyde Park

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Business Description

This is called Location, a perfect corner for big players, banks, franchisees food or star bucks type cafe. 8900 existing building with basement, the fenced parking lot can 6-8 cars can fit easily. Call for details. Seller is will to listen to all cash offers first. Currently using as dry cleaners, sale are good around $200,000 gross a year and this is only pick up service, vendors deliver daily and take 35% of gross sales. Still your Net Gross will be $130,000. This is the best opportunity for a couple. Save payroll and increase business. Absentee ownership he lives out of State.
Utilities $5000/year
Property Tax is $6,134 for 2018
Interest owners Mortgage is $15,904

Detailed Information

Location:
Chicago, IL
Real Estate:
Owned
Included in asking price
Building SF:
2,700
Employees:
2
Financing:
200000
Reason for Selling:
Owner lives in Canada
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(from currently available funds)
 
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Tauseef Syed

Business Listed By:
Tauseef Syed

R & J Commercial Real Estate Inc

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