Well Established Dry Cleaning & Tux Rental Business For Sale

Business description

Don’t miss this golden opportunity to buy a well established, profitable dry cleaning business which includes a profitable Tuxedo rental operation in the selling price. Owner has been in business over forty years and has a large repeat clientele. Dry cleaning plant is scalable as it has capacity to service several other drop points. Minimum training necessary. New owner can move right in without dropping a beat.

Price includes all plant equipment, truck used to pick up and deliver cleaning from drop points. Very lucrative cash generating business. Large established customer base with excellent reputation. At one time owner had four drop points generating well over $1 million in revenue. Plant is also capable of servicing other cleaners

Property information

Real Estate:

Lease

Premises details:

•Plant and Tuxedo rental housed in same building centrally located to service surrounding towns

•Owner owns main building and is willing to negotiate favorable lease for new owner

•One drop off store located near by in high traffic shopping center with video feed to main plant

•current lease on drop store has option to extend until 2016

Other information

Expansion potential:

Easily expandable by opening more drop stores in surrounding towns. Minimal effort would be required

Competition / Market:

Minimum competition in area no Tux rental competition

Support & training:

Yes

Reasons for selling:

Illness. Must retire

Trading hours:

7a-6p Mon – Fri and 8a-4p on Sat

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Will consider all offers

Furniture / Fixtures value:

$225,000 (included in the asking price)

Inventory / Stock value:

$200,000 (included in the asking price)