Profitable & Established Dry Cleaners at Very Busy Intersection!

Seattle, WA (King County)

Profitable & Established Dry Cleaners at Very Busy Intersection!
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Asking Price: Get Financing: $550,000

Cash Flow: $200,000

Gross Revenue: $650,000

EBITDA: N/A

FF&E: $210,000

Inventory: N/A

Lease Rate: $1.86 /SF/Month

Established: 1998

Profitable & Established Dry Cleaners at Very Busy Intersection!

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Business Description

Imagine owning a business that has been thriving for over 20 years with minimal advertising, great customer service, and a very loyal clientele for over 20 years! This dry cleaning establishment is located at a very busy intersection that generates new customers who desire convenience and good service. Combine that with a great website with testimonials, a wide ranging service loyal customer base developed over 20 years, you have a treasure and an opportunity for success. In addition, this successful dry cleaning enterprise has provided all previous owners with the means to build personal financial security for themselves and their family, employment for others, and service for the community. If you’re looking to do the same, this business is it! This business may be SBA finance-able to qualified buyer.

Detailed Information

Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
6/30/2020
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a full service dry cleaning enterprise that uses organic wet cleaning solvent. Services offered include dry cleaning, wet cleaning, shirt laundering, alterations, leather & suede, wedding gowns, tablecloths & bed linens, area rugs, draperies, among other services. In addition, it is fully equipped with two brand new washers, racks, a conveyor, and two dry cleaning machines. The business is over 2,000 SQ FT, offers easy vehicle and bicycle parking for customers. Also, it is located at a very busy intersection that generates new customers who desire convenience and good service. Combine that with a loyal customer base developed over 20 years, you have a treasure and an opportunity for success.
Competition:
There are several dry cleaning establishments in the district but this dry cleaning business is located at the busiest intersection. This business does minimal advertising because the revenues have grown annually.
Growth & Expansion:
If an owner wants to expand the business there are means to do that and owner will be happy to offer those ideas.
Support & Training:
4 weeks training for a smooth transition
Reason for Selling:
Retire
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(from currently available funds)
 
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Ron Sterling

Business Listed By:
Ron Sterling

Keller Williams Business & Commercial

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