Asking Price: $130,000

Gross Revenue: $189,000

Cash Flow: $101,000

FF&E: $15,000 (Included in Asking Price)

Seller Financing: seller would like 70% down

This dry cleaner has been in business for 24 years. All of the sales are walk-in retail as there are many apartment buildings nearby. Located off a major expressway, this is easily accessible from many areas. They have one employee who is the presser and a family member does the tailoring. Nice opportunity to own a plant with opportunity to expand.

Year Established: 1984

Employees: 1 full time -

Facilities: Approximately 1,000 sq ft of space and on street parking. Equipment includes a 35 lb. Realstar M280 Perc machine (4th Gen), a boiler, shirt machine and pressing machine. Also has a POS system with all customer information. The buyer will get a new 5 year lease which is how he has always done it.

Market Outlook and Competition: Competition: They have a very loyal following after 24 years in business. Growth and Expansion: Since their prices are slightly higher than some competitors, if a new owner wanted to lower prices, they would increase volume. Also if an owner wanted to go after wholesale business, that would be another area of expansion.

Management Training and Support: Seller will help transition the new owner into the store

Reason For Selling: Seller has owned it for 24 years and wants to do something else