Services - Drycleaning/Laundry

$Seller Financing Available

Asking Price	$129,000	Inventory
Gross Income	$124,600	Real Estate
Cash Flow	$24,000	Year Established	1974
FF&E	N/A	Employees	2

* included in the asking price

** not included in the asking price

Business Consists of: -Coin Operated Laundry - Approx. 50% of business -Alterations- Owner will continue to service via employment contract with new buyer (Approx. 30% of business) -Dry-Cleaning Pick-Up Service - Customers drop off & pick-up with off site dry-cleaning Seller makes 25% of Profit. (Approx. 20% of Business) -Transition will be easy for prospective buyer as current owner will still be the face of the business and will be available to help new owner. -Business is located on the west side of Home Ave. between Howe and Independence near prime retail area with quick access to State Route #8. *Net Income is Approx. $42,000/year and has been fairly consistent from year to year.

Facilities: -2400 Square Feet -Ample Parking -(36) Dryers -(7) Double Load Washers -(5) Triple Load Washers -(3) Folding Tables -(2) Change Machines -(1) Change Counter/Safe -(1) Snack Vending Machine -(1) Drink Vending Machine -(1) Coffee Machine -(1) Dry Cleaning Conveyor Belt -(1) Iron/Ironing Board -(1) Sewing Machine -Most Mechanical Systems and Equipment is Newer

Competition: Business is located in Chapel Hill near prime retail area and has been the community Laundromat for over 35 years.

Seller Financing Available: Yes

Support/Training: The seller has agreed to continue to service alterations for the buyer.