Services - Drycleaning/Laundry

Asking Price	$305,750	Inventory	$1,000*
Gross Income	$173,839	Real Estate
Cash Flow	$46,000	Year Established	1994
FF&E	$39,000*	Employees	4 ft/ 1 pt

* included in the asking price

** not included in the asking price

Successfully run for thirteen years by the owners who started it. One of the owners has been an operator/manager during that time. It has a high traffic location and is easy to get to from any direction in the area. The business has a stable work-force in place of four full-time workers and one part-timer. Three employees have ten + years experience. The equipment is all in good shape. Employee stability has been a positive factor over the years. A major reason for the employee stability is that the owners pay about $2.00 per hour higher than the average cleaning company in the area. A service (fire restoration) was dropped in 2003 that could easily be picked back up by the new owner, which could immediately make a 20% positive impact on revenues. A major new entity is coming just a block away from the business, which should add to the customer base. Extra space on the property could be utilized for expansion or another income stream.

Facilities: 2,844 sq. ft. High traffic location

Reason Selling: New career direction