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Maui's Dry Cleaners Price Reduced!

Maui, Hawaii (Maui County)

Services - Drycleaning/Laundry

Asking Price $325,000 Inventory $2,000* 
Gross Income $574,600 Real Estate  
Cash Flow $135,900 Year Established N/A
FF&E $150,000* Employees N/A

* included in the asking price

** not included in the asking price

Live the good life in Maui's paradise

. The premier dry cleaning company on Maui is offered for sale due to the retirement of the primary owner. This well established and very profitable company has two strategic locations including a full plant. The company has successfully focused on the higher margin over the counter retail business and has left the lower margin hotel and resort wholesale market to its competitors. Maui continues to be one of the fastest growing areas of the country with its population growing at a rate over 1 % per year and the Company s two stores are in ideal locations to take advantage of this population growth. Approximately 75% of their sales volume is dry cleaning, and one major area of growth is the cleaning of household goods like drapes and bedspreads. They have a stable and experienced workforce and management which are capable of operating the stores with little direct supervision. The majority owner works full time supervising the business and the other owner works a few hours per month on accounting. This turnkey operation has lots of upside opportunity in this fast growing Maui market. Perfect for the person who wants to own a very profitable business and maker enough profit to live very well in paradise. For someone who has no dry cleaning experience it is possible to take in depth dry cleaning courses from several industry groups. Profits year-to-date February, 2008, at $36,400, were up 92% over year-to-date February, 2007. Contact Tom Caltrider at 808-573-4752 for more information. VR is the #1 business broker in Hawaii. To see all our listings, many of which are not on thrid party websites, visit www.vrhi.com.

Facilities: Full plant and two retail stores in excellent locations with parking in front of stores.

Reason Selling: Retirement

AD # 272351

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