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Laundry and Dry Cleaning Drop off--Fantastic Location. Profitable.

Providence, Rhode Island (Providence County)

Services - Drycleaning/Laundry

Asking Price $92,000 Inventory $2,000* 
Gross Income $128,000 Real Estate  
Cash Flow $40,000 Year Established 1978
FF&E $20,000* Employees 1

* included in the asking price

** not included in the asking price

This business has been around for more than 27 years! Long operating history and low earnings multiple. A full service, one stop laundry and dry cleaning store in a fantastic neighborhood! This business is a staple in this community. This is a great opportunity for a husband and wife or family. This business can easily grow with extending hours and adding pick-up and delivery service. This one will not last!

Facilities: Excellent location! Very nice neighborhood with other retail stores on main street. Approximately 1000 sf with a basement area for additional storage. Parking on street and in back lot. Newer boiler. Low rent; taxes and insurance paid by landlord.

Competition: This business is in a prime location and there is very little competition. They service both residential and commercial customers.

Growth/Expansion: Increase hours and add pick up/delivery service.

Support/Training: Willing to train for 2+ weeks.

Reason Selling: other interests

Business For Sale By

Mia Caetano Johnson

United Brokers Group

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Contact the seller about this Laundry and Dry Cleaning Drop off--Fantastic Location. Profitable.

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