(LEE) Drycleaner and shirt laundry $920,000 gross sales

Essex County, MA

(LEE) Drycleaner  and shirt laundry $920,000 gross sales
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Asking Price: $899,000

Cash Flow: $300,000

Gross Revenue: $920,000

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $5,997.67 /Month

Established: 1985

*not included in asking price.

(LEE) Drycleaner and shirt laundry $920,000 gross sales

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Business Description

This dry cleaner with a full plant and shirt laundry is located in the Route 495 beltway. with a pick -up store less than 15 minutes from the plant. The dry cleaner has been operating in this city since 1985 and is recognized as doing quality work. They are always recognized and awarded for many years of quality service.
The hours of operation are 7:00am -6:00pm Monday-Friday, and Saturday 8:00am- 5:00pm, closed on Sunday.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,800
Lease Expiration:
12/23/2028
Facilities:
The plant is approximately 3800 s.f. Drycleaning equipment : 2 Union L 760 80# drycleaning machines,3 Cissell spotting boards, 3 Hoffman utility presses, 2 Cissell utility presses, 1 Cissell large hothead press for table clothes, 2 Cissell suzies Shirt department:1 Unipress double buck body unit,1 Unipress sleever, 1 Unipress collar & cuff machine,1 Cleanation hot head (air) for touch ups, Libersaw button sewing machine(electric) Boiler room:1 Fulton 30 hp boiler,1 Ingersoll Rand compressor, 1 Quincy compressor, 1 Rema Vacuum, 1 90 gallon water tank, 1 water tower, 1 stainless steel return tank Counter area: 3 White conveyors, 3 Liberty computer system,5 Juki sewing machines, 16 Cameras, 1 50"flat screen tv 2 vans; 2009 Ford E150, 2016 Nissan NV200
Competition:
There is very little competition in the area. This is the only full plant operation in this major city .
Growth & Expansion:
This store has the capacity and size to accommodate more drop stores and routes.
Support & Training:
The Seller will train the new Buyer in the daily operation and management of the business
Reason for Selling:
The owner is retiring
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(from currently available funds)
 
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Ming Dong

Business Listed By:
Ming Dong

Lee Brokers

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