Well Established Multi-Store Dry Cleaners
Not Disclosed, NA Not Disclosed
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- RE: Well Established Multi-Store Dry Cleaners
- Contact: Bob Allen
- License #: 0116061
Quick Facts
| Asking Price: | $599,900 | |
| Annual Revenue: | $1,012,955 | |
| Net Profit: | $182 | |
| Cash Flow: | $182,234 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1989 | |
| Employees: | 16 | |
| BBN Listing #: | 6418931 | |
| Broker Reference #: | ST10903 |
Business Overview:
This well-established multi-store cleaners has been in operation since 1989. Providing Dry Cleaning, Laundry, and Alteration services, approximately 40% of revenue is now derived from their pick-up and delivery route program.
Revenue has returned to pre-pandemic levels (2019) and the business is showing growth due to the closures of other operations in the area. ST10903
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Property Features and Assets:
The current lease will expire on 12/31/2024, Rent $7,092, 2,571 Square Feet, Hours varies by location.
Reason for Selling:
Family Obligations.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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