Owner Financing is Available!
Business Overview:
One of the largest dry cleaner and laundry in Hawaii is available for your purchase due to the pending retirement of the owner. They have been in business for many years, with a centrally located and highly efficient plant and well located retail stores. Approximately 45% of sales are commercial (hotels, condo, etc.) and the balance is retail.
Much of the equipment is relatively new and they have both Green Earth and Perc machines.
The owners of the Business also own the building which they lease to the Business and to other third party tenants. This gives the owners the benefit of paying themselves rent and thus controlling one of their primarily expenses plus receiving excellent additional income from the other tenants. The price of the business and the real property is $2,250,000 ($750,000 for business and $1.5 million for building) and the total cash flow, including real estate income is $284,700.
Another benefit of selling both a business and the building is the enhanced ability for bank financing for a qualified buyers.
Is now the time for you to relocate to Hawaii’s paradise?
For more information, please contact VRadmin2@gmail.com
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:
New state of the art equipment
Market Competition and Expansion:
Dominant player in market
Reason for Selling:
retirement
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.