Services - Drycleaning/Laundry

Asking Price	$199,000	Inventory	$5,000*
Gross Income	$254,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2005
FF&E	$45,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This prime location is located in a major Rhode Island Mall adjacent to a Starbuck s! A new contract is in place with the local casino to handle employee s uniforms. The growth of new customer continues at an average of 100 per month. Lapels Dry Cleaning has not only pioneered an innovative dry cleaning store concept but has gone one step further with the establishment of trend setting Quality Control, Wholesaler Liaison, Marketing Committees, and Operations Committees chaired by Lapels franchisees, the people at the store level who have a day-to-day hands on knowledge of what the customer wants. For the first time, Lapels Dry Cleaning has been ranked in Entrepreneur's 26th Annual FRANCHISE 500! Out of all the dry cleaning stores in the country only 3 made Entrepreneur's list. Lapels Dry Cleaning was one of them!

Facilities: Great location in a popular Northern Rhode island Mall. The drop store is located next to a Starbuck's with unlimited parking.

Competition: Growing at 20 to 25% per month. The location is great with the customer base growing weekly.

Growth/Expansion: The stores location allows for unlimited growth as a drop store. There is a contract in place for employee unifroms for the local Casino!

Financing: Not available

Support/Training: As required - seller is an Area Developer who lives nearby and will be available for onging support.

Reason Selling: Sellers are Area Developers for Lapels