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  • RE:  30 Year Old Dry Cleaner & Real Estate For Sale
  • Contact:  Philip Webb

Quick Facts

Asking Price: $999,000
Annual Revenue: $577,840
Net Profit: Not Disclosed
Cash Flow: $246,009
Total Debt: Not Disclosed
FF&E: $381,645
Real Estate: $721,800
Year Established: 1994
Employees: 14
BBN Listing #: 939713
Broker Reference #: 86715-216071

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Business Overview:

*********Reduced Price********************

30-year-old dry cleaner for sale. The cleaners provide mainly Dry Cleaning and Laundry and other services. The company has one plant location and a drop off store that has had a rich history of established clients with recurring revenues and a great brand. The equipment in the plant is in good condition and has proper maintenance documentation.

The owner is selling both the Plant location and the business. Both stores are located near a very accessible main highway with high visibility for their store front locations. The company has achieved consistent sales year over year while creating an established reoccurring customer base for consistent same day sales activity. The business has a ready-made staff with low turnover. This is a great opportunity for an owner operator business owner who owns a dry cleaner or an absentee investor. Owner is offering some seller financing subject to final approval and review of buyer.

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Property Features and Assets:

Facilities: Plant location is an estimated 12,030 GBA owner occupied property. The other store location is a drop store in a highly visible shopping center area with strong demographics to support the store.

Monthly Rent: $2,498.00

Square Units (Foot, Meter): 1,108

Lease Expiration Date: August 30, 2025, 10:00:00 PM

Terms Options: Drop off store lease is a NNN structure with a 2 year maturity with an extra two year option.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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