Business For Sale

(LEE) DryCleaner w/Plant & Hydro-Carbon Machine

ROUTE1, MA
Norfolk County


Asking Price: Annual Revenue:
$69,000 $100,000

Services: Dry Cleaning & Laundry


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RE: (LEE) DryCleaner w/Plant & Hydro-Carbon Machine Broker: KAY LEE

Quick Facts

Asking Price: $69,000
Annual Revenue: $100,000
Net Profit: $50,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 2
BBN Listing #: 729031418
Broker Reference #: alpha

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Business Overview:

The Plant was completely changed to new equipment in 2004.
The cleaner is doing some wholesale work for dry-cleaners.
Size: 1,200 +- sq.ft.
Rent: $2,600/month (plus NNN ($400) and water).
Lease: 1 year with 1-5 year option.
Hours: M - Fri: 7:00 am-7:00 pm; Sat: 8 am to 3:00 pm.
Existing: 10 years. Current owner: 4 years. Employees: 2 (wife & husband). Some dry cleaner commercial accounts.
Estimated Operating expenses (year): Rent $36,000; Suit: $13.25; Gas $5,400; Pant: $ 6.25; Insurance: $2,650; Dress: $12.25+; Electric: $1,200; Coat: $15.00-$18.00; Water $2,000; Sweater $ 6.25; Supplies $3,000; Shirt: $ 2.00; Maintenance: $2,200; Box: $2.25; Credit card processing fee: $3,000; Wedding Gown: $175 - $250; Telephone: $1,200.

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Property Features and Assets:

Facilities: Equipment: Hoyt Dry cleaning machine (hydro-carbon) 40#(2004), Hurst boiler 10 HP (2004), returned tank, Sankosa pant topper, Izzami shirt press with cuffer, Ajax pant press, Rema vac, Campell Langford air compressor, Cissell spotting board, bagging station, White conveyor, laundry scale, slick rails, Singer sewing machine with table, White Overlock sewing machine, Dell computer system with monitor, Win Clean software program, conveyor scanner, credit card machine, service counter, mark-in counter, credit card machine. Location: Foxboro area, MA. Affluent town, shopping center location high traffic area.

Market Competition and Expansion:

Not many Dry Cleaners in area that does on-site work uses state of the are Dry Cleaning Machine - Environmentally Friendly.

Reason for Selling:

Other interest

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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