Business For Sale

(LEE) Dry Cleaner and Plant/Greater Providence

Providence, RI
Providence County


Asking Price: Annual Revenue:
$250,000 $215,000

Services: Dry Cleaning & Laundry


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RE: (LEE) Dry Cleaner and Plant/Greater Providence Broker: KAY LEE

Quick Facts

Asking Price: $250,000
Annual Revenue: $215,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: Not Disclosed
BBN Listing #: 387531418
Broker Reference #: Not Disclosed

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Business Overview:

Dry Cleaners with a full plant.
Location: Main Street, Providence, Rhode Island
Open: 6 days.
Hours: Monday to Friday 7 am to 5:30 pm, Saturday 7am to 5:30pm. Size: 3,400 square feet with full basement.
Established: 40 years, current owner 23 years.
Lease: Will negotiate with the landlord who is also the seller.
Rent: $2,500.
Employees: 2 owners and 1full-time, 1 part-time.
Payroll: Presser $500 per week.
Tailor $6,000 per year.

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warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market.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 is sales purpose only.

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Property Features and Assets:

Equipment: Union dry cleaning machine 34 to 40 lbs., 15 h.p. Fulton boiler (2005), Cissell spotting board, scale, Cissell legger press, Utility press, Return tank, Rema vacuum, Ingersoll Rand 3 h.p. compressor, Uni press legger press, Cissell Suzie, Cissell utility press, Whirlpool small washer, 3 Head puffer, Bagger, Custom computerized system with scanner, cash register (Royal), credit card machine, sewing machine with table, Blind stitch sewing machine with table, service counters, 5 Canvas laundry carts, water cooler, etc.

Reason for Selling:

Retiring after 23 years

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:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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