Laundromat & Dry Cleaning

NOT DISCLOSED, Rhode Island

Asking Price $499,000 Year Established 1997
Annual Revenue $414,018 Reason for Selling Retirement  
Annual P/L $0 Attention Arthur Rosaki
Annual Cash Flow $61,873 Listing Number 1011413  
# of Employees 5 Business Category Services: Dry Cleaning & Laundry

Business Overview:

Wash Dry & Fold, Self Service Washers and Dryers, Dry Cleaning, Tailoring, Rug cleaning, Wedding dress cleaning and restoration, Leather and Suede cleaning, shirt service. Pickup and delivery available.

Property Features and Assets:

Market Competition and Expansion:

<p>• Dry cleaning is currently outsourced and remains a steady source of income – potential to expand and advertise accordingly and to partner with other outsourcing providers as a “drop” store!<br>• Installation of credit card readers<br>• Expand pick-up and delivery radius and commercial account penetration: pursue “laundry” deserts in surrounding areas<br>• Lease does allow for the option to sublet<br>• Extended hours<br><br>A family owned and operated business that has been providing expert laundering and cleaning solutions to customers for over 25 years. Newly renovated facility<br>with newly installed energy efficient washers and dryers<br></p><p><br></p>

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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