(LEE) N.Boston:Dry Cleaners, affluent area, after 32 years, retirement

Essex County, MA

(LEE) N.Boston:Dry Cleaners, affluent area, after 32 years, retirement
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Asking Price: $160,000

Cash Flow: N/A

Gross Revenue: $165,000

EBITDA: N/A

FF&E: N/A

Inventory: $3,000*

Rent: $2,546.67 /Month

Established: 1985

*not included in asking price.

(LEE) N.Boston:Dry Cleaners, affluent area, after 32 years, retirement

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Business Description

Well-established dry cleaners, no shirt unit (room to install it)
average gross sales: $165,000 - $170,000 (did $160k in 2016),
1,600 s.e. base rent: $1,600 + NNN = $2,550/month.
Has a great potential to increase the sales.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
N/A
Employees:
1 + 2 owners
Facilities:
All equipment working, well-maintained, the place is meticulous
Competition:
several dry cleaners in the surrounding areas, but seller has loyal customers (32 years)
Growth & Expansion:
marketing, pick-up/delivery, wholesales
Financing:
is willing to work for the buyers, part-time.
Support & Training:
Extensive training will be available
Reason for Selling:
Retirement after 32years
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Contact the Seller

(from currently available funds)
 
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KAY LEE

Business Listed By:
KAY LEE

Lee Brokers

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Sponsoring Broker:
Ming Dong

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