Dry Cleaners 3 Locations - Real Estate
Location:
United States
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South Carolina
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Columbia
Industry: Business Services > Laundry
Business Summary
This Dry Cleaner has 3 locations and has been in business for 25 years. The business has an excellent reputation in town and will provide a new owner with an awesome foot hold into this market. The business includes 1 plant with drop and 2 other drop locations, real estate, equipment, inventory, all included.
Real Estate: Plant Location: Approximately 1 acre with 2 stand alone brick buildings of 1800 sq ft each. One of the buildings is designed as the plant and the other as a drop location. The drop location has a private office or living quarters with a private bath. The owner actually lived at the property for 2 years. The property has all wood floors, is very nicely decorated, and is in excellent structural condition with all brick walls and a shingle roof. It has a great curb appeal, located off one of the busiest roads in town, and includes plenty of parking.
Additional Real Estate: is available at another drop location. The owner currently has an option to purchase the property for $165,000. The rent is currently $1,200 per month and 100% of the rent is being applied towards the purchase price. A new owner could probably purchase the building for $125,000. It is a stand alone building on a corner lot. It is an excellent location with limited if any competition in the area.
Additional Drop Location: The other drop location is off another busy hwy in town and the rent is only $1100 per month. Square Footage is approximately 1600 sq ft. The lease is 5 years with 5/ 5 year options.
Equipment: All equipment is included. The equipment ages range but everything is in excellent condition. The owner takes excellent care of the equipment and it shows. They also have the equipment routinely serviced by a local service tech.
New Delivery Van: The owner purchased a new 2008 delivery van on 06/01/2008.
Email or contact Jason with Sunbelt of Columbia at 803-779-2919 for more information.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$750,000
Cash Flow:
$150,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $100,000
Seller Financing: Yes
About The Business
Year Established: 1980
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Provided.
Reason For Selling: Retirement.
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: 70084802
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