Dry Cleaners

Prospect Heights, IL (Cook County)

Dry Cleaners
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Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: $375,000

EBITDA: $125,000

FF&E: N/A

Inventory: N/A

Rent: $2,100 /Month

Established: 1980

Dry Cleaners

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Business Description

Local Dry Cleaners established in 1980. Business model was completely restructured in 2014 to focus on delivery through out the Chicago Metro area. Sales increased from $60,000 annual to over $350,000 annual average. This Green Dry Cleaners is set up to reach an unlimited number of clients with an unlimited geographical area in and around Chicago. The infrastructure has been developed with the technology needed to grow exponentially into the future.

Detailed Information

Location:
Prospect Heights, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,250
Lease Expiration:
2/1/2025
Employees:
5
Facilities:
The space has low rent (NNN $2100) with the water bill paid by the landlord. The lease is currently on an extension from the original lease with 6 years remaining and can easily expand into the empty adjacent space. The equipment includes an IPURA Hydrocarbon Dry Cleaning machine (Built in 2012 but put into use in Feb of 2015), Fulton 15 HP Boiler with Night Heat(2015),100 Gal State Water Heater 199 BTU (2015), 7.5 HP Rolair 80 Gal Air Compressor (2015), 80 lb Unimac washer, Uni Press single buck shirt unit, Uni Press 85lb Dryer, and Presses.
Competition:
There is limited competition due to the unlimited geographical reach and uniqueness of the business model.
Growth & Expansion:
With a strong technological infrastructure, decades of a loyal customer base, great website and POS system along with the flexibility of expansion, this is structured to be a strong player in the industry for years to come. The business will need to expand to the adjacent space if the growth potential is realized.
Support & Training:
We will provide on site training for 2 weeks and continued tech support for up to 2 months.
Franchise:
This business is an established franchise
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Business Listed By:
Scott Greenfield

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