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Quick Facts
Asking Price: | $55,000 | |
Annual Revenue: | $115,745 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $42,976 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | Not Disclosed | |
BBN Listing #: | 279752068 | |
Broker Reference #: | 8525-401364 |
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Business Overview:
Dry-cleaning With The Stars!
PRICED TO SELL, DON’T WAIT ON THIS ONE
Take one step inside this cozy landmark, drop store location and you are greeted by what seems like hundreds of celebrity photographs hanging on the walls, all with Thank You Notes to the owners of this business written in permanent ink. There is a reason that A List Celebrities trust this 13 year, established, Mom & Pop Drycleaner with their dry-cleaning and alterations needs. Amazing customer service and performance built their reputation, which can be your platform to rejuvenate this business and take it to new heights quickly.
Semi-retired husband and wife team own significant other business interests, and have held onto this fun business without marketing or sales efforts for many years. That said it has a long-term client following that nets positive cash flow, with extremely low overhead. The upside growth potential is immediate and realistic, only requiring energy and effort of the new owner. This location is an extremely busy intersection, with a very friendly lease rate, and an excellent landlord. There are many professional offices and businesses with walking distance. There has been no delivery or pick up service for many years, which could quickly be added.
Current Seller has good reason that drycleaner monthly sales could quickly get back to previous levels when the business was actively being directed. Great opportunity for an experienced multi-store drycleaner to add this location to their organization and realize immediate results. Don’t let the wrinkles set in on your perfectly pressed dry-cleaning drop store opportunity!
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Reason for Selling:
Other interests.
Additional Details:
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