Business For Sale

(LEE) Drycleaner full plant grossing $480,000

South Shore, MA
Norfolk County


Asking Price: Annual Revenue:
$550,000 $480,000

Services: Dry Cleaning & Laundry


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RE: (LEE) Drycleaner full plant grossing $480,000 Broker: Ming Dong

Quick Facts

Asking Price: $550,000
Annual Revenue: $480,000
Net Profit: $150,000
Cash Flow: $150,000
Total Debt: $330,000
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 6
BBN Listing #: 253431418
Broker Reference #: we care

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Business Overview:

This drycleaner has been established in the city for over 26 years. Hi traffic location with approximately 3,600 square feet space with a full basement.. The cleaner customer base is only walk -ins coming to the store. They do not do any wholesale or other cleaners work.
Many of the cleaning equipment has been updated with newer equipment. The owner in the past 3 years invested into the business.The drycleaning machine is the most expensive machine by far. The machine along cost aproxiamtely$80,000.

equipment list Fibermatic hydro carbon SPA 80# dry clean machine built 2014Unimac washer 55#, Sanhoska single bulk model LP5104 built 2016,Speedaire 10 hp compressor built 2014Hankes, Kissan ANSPO dehumifier 2014, Unipress utility press, Cissell2 head puffer, Ajax Legger,Ajax mushroom press, Sanhoska pant topper. Ajax mushroom press .Ajax Suzi, Hubesch dryer 73dryer, Wascomat 80# washer,Ajax cuffer,Prosperity hot head ,Hurst 30 hp power boiler, Hanshe return tank Expansion hot water, tank, blowdown tank, Rema vac, water tower, automati c 2 tier conveyor slots1500,autmatic, 2 tier conveyor 1600 slots, automatic single conveyor with 730 slots ,2 Uki sewing machine, 1 Rex blind stitch . Brother sewing machine.

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Market Competition and Expansion:

This laundry does not have very much competition in the area.

Reason for Selling:

Retiring and relocating.

Additional Details:

  • The property is owned.
  • 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:

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