Business For Sale

(LEE) Dry Cleaner-Metro Providence Area

Providence, RI
Providence County


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

Services: Dry Cleaning & Laundry


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RE: (LEE) Dry Cleaner-Metro Providence Area Broker: Kyung hae 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: 1988
Employees: Not Disclosed
BBN Listing #: 614531418
Broker Reference #: vol

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Business Overview:

Open: 6 days. Hours: Monday to Friday 7 am to 5:30 pm, Saturday 7 am to 5:30 pm, 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 1 full-time, 1 part-time. Payroll: Presser - $500 per week.
Tailor $6,000 per year.

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Property Features and Assets:

Equipment: Union dry cleaning machine 34 to 40 lbs., 15 horsepower Fulton boiler (2005), Cissell spotting board, scale, Cissell ledger press, Utility press, return tank, Rema vacuum, Ingersoll Rand 3 horsepower compressor, Unipress ledger 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

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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