Dry Cleaner/Tailor For Sale in High Traffic Area

Not Disclosed, WI


Asking Price: Annual Revenue:
$299,000 $366,050

Services: Dry Cleaning & Laundry


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RE: Dry Cleaner/Tailor For Sale in High Traffic Area Broker: Eric Stewart

Quick Facts

Asking Price: $299,000
Annual Revenue: $366,050
Net Profit: Not Disclosed
Cash Flow: $126,637
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 5
BBN Listing #: 641454385
Broker Reference #: 20081-988331

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Business Overview:

This family owned business is profitably located in one of the highest traffic intersections of Milwaukee. Large signage in front adds to its appeal to any business-minded person looking for an immediate income. The business boasts a gross margin of sales over 70%. Equipped with a full wash plant with all newer machines, there is much life in the operation left for the new owner who does not want to think about down time and repair costs.

*Great location
*Great signage
*Atractive lease
*Almost all new equipment
*2,860 sqft, plus full basement for storage

Must see this one to appreciate it's value. Seller will keep real estate and lease back NNN to buyer.

Owner is motivated to sell at only $299,000 for $126,000 SDE.

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Reason for Selling:

Retiring

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.

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