Dry Cleaner Retail Plant Wholesale For Sale

Business description

Opportunity in mature industry where over extended competitors are dying. In business since the 1940's this family run business have expanded and kept up with the fashion times. Not only is there a retail presence with parking but more importantly there is a high production dry cleaning plant. Recent investments in to the facility and equipment are over $300,000.00. Gross sales are close to $800,000.00 with Owner take away being $100,000. All real estate including two on premise apartments are included.

Business is in an urban setting which allows for a lot of neighborhood traffic. Significant expansion could be had by marketing with local business, country clubs, restaurants etc for pick up and drop off service.

Current owner has some health issues and next generation has no interest in the business. Great opportunity for the savvy business person

Property information

Living accommodation:

1 large 1 bedroom apartment, one roughed out apartment

Location:

Berks County Reading Area

Size in square feet:

approx 8,000 - 10,000

Other information

Expansion potential:

Pick up and delivery for uniforms, Restaurant Linens, executive offices

Competition / Market:

many large competitors borrowed heavy when money was cheap and now are having a rough time. This business has been grown one piece at a time and is debt free

Support & training:

1 month or as agreed

Reasons for selling:

Owner has some health concerns and next generation is not interested

Trading hours:

M-FR 8:00am - 5:00pm
Sat 8:00am - 12:00 noon

Furniture / Fixtures value:

$350,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)