Profitable Dry Cleaner In Great Location
Location:
United States
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Connecticut
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New Haven County
Industry: Business Services > Laundry
Business Summary
** For Sale - $120,000 **Profitable family owned and operated cleaners for sale with deep roots in the community. This is a Drop store so no cleaning is done on site. The business offers a full range of services; Dry cleaning, Custom tailoring, Leather and suede repair, Tux rentals, Blind cleaning, Shoe repair, Wedding gown preservation, Seasonal storage, Monogramming, and Some Jewelry sales. Tailoring is done on site. 50% of sales make up from dry cleaning and 50% from tailoring, and other misc services. The business prides itself with a personal touch and excellent customer satisfaction.There cleaner is located in a good area of professionals. Many long time clients that have been with the cleaners for decades. There is a large percentage are Doctors and Teachers from the local universities and hospitals. The business will deliver to some clients. It is the only Dry cleaner in the area to offer a complete line of services. The large building is located right on a main street directly off an interstate. It shares the building with one other business. There is a large parking lot on the side and back of the building. The business has been in this location now for 4 years. The Dry cleaner has 1400 square feet and the Lease is a 5 years with 2 options.
Financials
Asking Price Range: < $250K
Gross Revenues:
$134,000
Cash Flow:
$47,380
Cash Flow Type: EBITDA
Inventory: $4,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1995
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: The owner will stay on for an agreed upon time. Training would be tailored according to buyer’s knowledge of the business.
Reason For Selling: Owner wishes to pursue other interests.
Click on the "I'm Interested" button above for more information on this Business Services > Laundry business for sale.
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Print Listing Id: 700110069
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