Business Overview:
Store is located on a high traffic road. Small shopping center; approximately 1000 sq. ft.; rent is $750 per month or $1,800 BELOW the average rent in area (rent in the area is around $2,500/month).
Gross sales $140,000. Estimated Yearly Operating Expenses: Rent $9,000, Oil $4,800, Electric $4,200, Water 0, Insurance $1,200, Phone$1,200, supplies $3,000, hazard waste disposal $800, repairs and service $1,200, miscellaneous $2,000. Estimated Total Operating Expenses: $27,400. Net $112,600 before payroll.
Note: All sales information is furnished by the seller, broker does not certify, warrant, guarantee or make any representations about the same and subject to errors, omission, prior sale, or withdraw from market without notice. The Broker represents the seller in this transaction. This is for SALES PURPOSES 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:
FF&E of $100,000 is included in the asking price. Store is located on a high traffic road. Small shopping center approximately 1000 sq. ft.; rent is $750 per month, $1,800 below average rent in area.
Equipment: Multimatic 35# dry cleaning machine, Fulton 10 hp boiler with return tank, Unipress shirt unit with collar and sleever, Rema vacuum, compressor, presses, computer system with register, suzi, puffer, spotting board, sewing machine conveyors 540 slots and 240 slots service counter, mark in counter, bagger, Uni wash 35# washer.
Market Competition and Expansion:
Some competition in the area.
Reason for Selling:
Relocating.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: