Business For Sale

Business Overview:

This Commercial Shirt Laundry was established in 2008, and is currently servicing many local dry cleaners in the area. They are laundering and pressing shirts and doing household items. The laundry is the state of the art plant with the newest equipment. This Laundry cost over $200,000 to build. There are 3 employees plus owner. Hours of operation is 7:00am- 3:00pm; 5 day operation. Estimate Gross sales is approximately $155,000. Estimated Operating expenses: Rent $15,000; Water 0; Utilities w/phone $12,000; Supplies $9,000; Insurance $1,800; Payroll $40,000; Van $7,200. Total estimated operating expenses: $85,000. Estimated net (before owner salary): $70,000. Disclaimer: All information is furnished by the Seller(s), Brokers does not certify, warrant, guarantee or make any representations. This Listing or Information is subject to errors, omissions, prior sales, or withdraw from the market without further notice. The Buyer must use his/her due diligence including but not limited to hiring competent legal counsel and competent financial advisors in the transaction. This information provided is for Sales Purpose Only.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Equipment: Forenta Rotary double buck shirt unit, Forenta Stacked Collar and Cuff, Forenta Collar form, Forenta touch up board, 60# Washer/extractor, 50# Steam dryer, Air compressor, Boiler/blow down and return tank, Button sewing machine, shirt folder, Spotting board, Bantam Press, Electric water heater, air dryer, miscellaneous z racks and delivery van.

Market Competition and Expansion:

Growth/Expansion: The laundry is getting new accounts when a franchise store drop store is opening in the area.

Reason for Selling:

Relocation.

Additional Details:

Resources: