Absentee Run Profitable Dry Cleaning Plant plus Agency For Sale

Business description

These 2 shops(Belmont: 908sft, $2412/mon + Parkside:1342sft, $3755/mon) with 2007 sales of $272K and adjusted net of $99.6K used to do $499K ~ 578K sales with $154K ~ $184K of adjusted net for 3 consecutive years. Since it`s decision in 2007 to stop taking orders requiring outside services (due to quality and delivery issues), it`s sales dropped by 45%. The shop has since been equipped with new equipment for the orders, which used to be outsourced, and, is now ready to increase its sales and profit to a level of last 3 years. The absentee owner, however, found other business opportunities, and decided to sell it quickly. The asking price, therefore, has been set far below the market price, which includes inventory of $14K, account receivables, ½ of down payment. The shop is fully equipped with computer systems and security systems for absentee run.

Contact the seller