Business For Sale

(LEE) Dry Cleaner-New NonPerc Machine w/Shirt Unit

North Shore, MA
Essex County


Asking Price: Annual Revenue:
$149,000 $140,000

Services: Dry Cleaning & Laundry


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RE: (LEE) Dry Cleaner-New NonPerc Machine w/Shirt Unit Broker: Kyung Hae Lee
Owner Financing is Available!
Possible to take over loan of $23,000.

Quick Facts

Asking Price: $149,000
Annual Revenue: $140,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: Not Disclosed
BBN Listing #: 817131418
Broker Reference #: sterling

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Business Overview:

Located on the North Shore in an affluent town. Existing at this location for 20+ years; Current owner for the past 10+ years. In 2011, the owner installed a new dry cleaning machine, non-perc.
Gross sales: $180,000 (used to be $280,000+/year).
Selling price: $189,000 + assumption of the existing loan (balance of $22,000).
Great potential to increase the business.
Disclaimer: This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This information provided is for sales purposes only.

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Property Features and Assets:

Rent: $2,500/month.

Market Competition and Expansion:

Great potential to increase the business.

Reason for Selling:

Health.

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.

Documents:

Relevant Links:

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