Services - Drycleaning/Laundry

Asking Price	$120,000	Inventory	$4000**
Gross Income	$134,000	Real Estate	no**
Cash Flow	$47,380	Year Established	1995
FF&E	$8900*	Employees	3

* included in the asking price

** not included in the asking price

Profitable family owned and operated cleaners with deep roots in the community. This is a Drop store so no cleaning is done on site. The business offers a full range of services; Dry cleaning, Custom tailoring, Leather and suede repair, Tux rentals, Blind cleaning, Shoe repair, Wedding gown preservation, Seasonal storage, Monogramming, and Some Jewelry sales. Tailoring is done on site. 50% of sales make up from dry cleaning and 50% from tailoring, and other misc services. The business prides itself with a personal touch and excellent customer satisfaction.

Facilities: The large building is located right on a main street directly off an interstate. It shares the building with one other business. There is a large parking lot on the side and back of the building. The business has been in this location now for 4 years. The Dry cleaner has 1400 square feet and the Lease is a 5 years with 2 options.

Competition: There cleaner is located in a good area of professionals. Many long time clients that have been with the cleaners for decades. There is a large percentage are Doctors and Teachers from the local universities and hospitals. The business will deliver to some clients. It is the only Dry cleaner in the area to offer a complete line of services.

Growth/Expansion: New owner can do more advertizing. The business can certainly expand on their few pickups and deliveries to further separate themselves from the competition.

Support/Training: The owner will stay on for an agreed upon time. Training would be tailored according to buyer s knowledge of the business.

Reason Selling: Owner wishes to pursue other interests.