Retail Cleaners, Plant and Building in PA

Not Disclosed, PA
Montgomery County

Asking Price: Annual Revenue:
$425,000 Not Disclosed

Services: Dry Cleaning & Laundry

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RE: Retail Cleaners, Plant and Building in PA Broker: Don Sable

Quick Facts

Asking Price: $425,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: $380,000
Year Established: 1973
Employees: Not Disclosed
BBN Listing #: 47524955
Broker Reference #: 2704-16457

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Business Overview:

This is a well known cleaners on a busy street that is also a full plant with a 50 lb dry cleaner and other equipment allowing the business to take care of its retail clients and support other cleaners in the area by doing work for them as well.

Please also note that this is a real estate and asset sale of the equipment of this full cleaning plant, including all the equipment which has been used in the business. The seller has owned this business since 1973 and recently closed it during covid and retired.

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Property Features and Assets:

In addition to the 2,800 square feet of a retail location (with plenty of parking in front on the street and in a parking lot next door) and a full cleaning plant is the following in equipment: A complete dry cleaner with a 50 lb capacity, four presses, two suzies, six on board irons with steam, three ironing boards (one complete with steam and air,) an air compressor, a conveyor belt, a boiler, a sprinkler system, three computers and an alarm system. Assets = $475,000.

Market Competition and Expansion:

There are other small cleaners in the area but nothing like Poinsettia which is both a retail location and a plant on a busy street. There is potential for growth as the retired owner relied on his regular base of customers both retail and within the industry and a new and younger owner will probably grow the business with marketing methods not done or used by the former owner.

Reason for Selling:

Owner has decided to retire.

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.

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