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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 |
Business Overview:
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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:
Relevant Links:
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