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Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $345,991 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $109,320 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 6 | |
BBN Listing #: | 183263924 | |
Broker Reference #: | 022822-689875 |
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Business Overview:
Established custom dry cleaner with multiple locations and delivery service. On-site alteration services provided. On-site equipment well maintained and in good condition.
Established in 2007, this family owned and operated neighborhood dry-cleaning business with multiple locations serves southeast Cuyahoga community. Well maintained on-site equipment serves multiple wholesale customers as well as steady retail customers.
Full service dry cleaning business includes pick up and delivery services, alterations and special garment storage and restoration services.
Additional drop off location was established in 2017 to capitalize on increasing demand and new business opportunity in growing West Cleveland suburban area.
Increasing wholesale dry cleaning services for commercial clients creates opportunity to grow business beyond trade area. Additional locations and new market opportunities in expanded core business district under new community development master plan.
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Reason for Selling:
Retirement
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