Price Reduced Profitable dry cleaner on high income area

Rockville, MD (Montgomery County)

Price Reduced Profitable dry cleaner on high income area
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Asking Price: Get Financing: $800,000

Cash Flow: $299,000

Gross Revenue: $754,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 1998

Price Reduced Profitable dry cleaner on high income area

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Business Description

1,400. SF lease: 5 years, can be extended.
Rich area well known cleaner, high priced cleaning.
after 20 years current owner made good income, now wants
full retire. New equipment, Good customers.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
5 FT, 1 PT
Facilities:
Gross sales year-----------754,000. gross sales month--------- 60,900. gross sales week------------ 14,500. Monthly expenses rent----------------- 12,900.(Inc, Cam, Taxes. lease,5yrs, can be extended) payroll--------------- 14,784.(5FT,1PT) utilities--------------- 1,800. worker's com-------- 300. payroll tax----------- 3,500. card fee------------- 1,100. insurance------------ 220.( bus,160. car,100) car maintenance---- 100. supply----------------- 1,000. property tax----------- 334. phone------------------ 120. miscellaneous----------- 300 Total monthly expenses-- Approx,.$ 36,458. *Monthly net income------ Approx, $ 24,442. **This is with numbers given by seller and it can be change little some times.
Financing:
SBA Available
Support & Training:
2 week
Reason for Selling:
Retiring.
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(from currently available funds)
 
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Laura Park

Business Listed By:
Laura Park

World Business & Realty Group

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