PRICE REDUCED!!! Profitable Cleaners in heart of Downtown Skokie

Skokie, IL (Cook County)

Inside lobby
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Asking Price: Get Financing: $99,900

Cash Flow: $73,800

Gross Revenue: $168,000

EBITDA: N/A

FF&E: $80,000

Inventory: $10,000*

Lease Rate: $4,997 /Month

Established: 2004

*not included in asking price.

PRICE REDUCED!!! Profitable Cleaners in heart of Downtown Skokie

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Business Description

HIGHLY Profitable and Completely Turn Key! Owner Will Train!

This beautiful Skokie location has served as our company's main processing plant for 8+ years. It has a wonderful and loyal customer base that pays substantially higher than the neighborhood average for our services since we are known for our high quality.

We've grown our business now and will be moving to a larger facility in 2018. This is a somewhat unique offering in that you will be purchasing the beautiful storefront, plus the huge space for a plant in the back, but we will be removing the actual plant equipment prior to our move.

However, the infrastructure of our plant will remain intact: the gas, water, electric, etc. from the plant itself was about a $75,000 expense. Getting village approval and a certificate of occupancy for a dry cleaning plant cost another $25,000-$35,000. All of this is completed already and waiting for new equipment to be purchased and simply hooked up.

*Note* Buyer will be required to change business name and exterior/interior signage.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
12/31/2019
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful storefront with faux wood flooring, modern lighting and cabinetry, amble and ample space. Dedicated parking lot. Loyal customer base.
Competition:
We are the only higher quality cleaner in Skokie - there isn't any direct competition for the level of service we have come to be known for. The rest of the market is small, independently owned shops.
Financing:
Outside financing preferred. Seller financing would increase asking price.
Support & Training:
Separately, we can negotiate our processing of the clothes while you set up your plant. This can be either temporary or indefinitely. Our new processing plant will be only minutes away.
Reason for Selling:
Owner has other business interests.
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Business Listed By:
Michael Bleier

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