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- RE: Dry Cleaners
- Contact: David LaVoi
Quick Facts
Asking Price: | $200,000 | |
Annual Revenue: | $437,610 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $72,784 | |
Total Debt: | Not Disclosed | |
FF&E: | $59,975 | |
Real Estate: | Not Disclosed | |
Year Established: | 1965 | |
Employees: | 4 | |
BBN Listing #: | 982277 | |
Broker Reference #: | 5101-18678 |
Business Overview:
Since 1965 this business has been the go to place for all your dry cleaning needs. It's staff is very pleasant to work with and very qualified to handle the day to day operations of running the business. It's located in the heart of the city with a very high traffic count. The city is currently working on revitalization of the entire area, so change is happening.
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Property Features and Assets:
This 6,500 square feet facility works very well for the business operations with the lease assumable until 2029. It is a turn key operation.
Assets = $104,975
Market Competition and Expansion:
This business is located in a fairly large community area with no direct competition.
The pandemic was hard on this industry causing some to close their doors permanently. This community was no different! The more creative a new owner is I believe will directly impact the growth of the business. There is still a lot of business out there.
Reason for Selling:
Pursue another career.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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