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Full Plant with Real Estate, laundromat and Drop Store

Massachusetts (Worcester County)

Services - Drycleaning/Laundry

Asking Price $950,000 Inventory to be determined** 
Gross Income $425,000 Real Estate $420,000* 
Cash Flow $145,000 Year Established N/A
FF&E N/A Employees 14

* included in the asking price

** not included in the asking price

Dry Cleaner-Laundromat & Real Estate

Well established Dry Cleaner with laundromat and drop store. Growth potential in capacity and margins. Plant has recent, significant, investments in equipment to include a new drycleaning machine in 2006, new boiler in 2005, new ventilation system in 2004, new chiller in 2003 - just to name a few. The laundromat has 9 new washers in 2004 the building has a new roof in 2004. The building also has a 1,000 SF + fur vault. This is a unique opportunity to buy a growing business which has already made the upgrades.

Facilities: This is a full plant with an attached laundromat and one drop store. The plant is well located and the equipment is predominately new.

Competition: This business represents a great opportunity with an established plant, busy laundromat and welll located drop and a business that has shown significant growth for each of the past three years.

Growth/Expansion: The plant, drop and laundromat are all on a growth curve with average sales increasing each year. Plant has additional capaoity to handle a significantly larger volume either through additional drop stores or wholesale work.

Support/Training: The seller will provide two weeks training as part of the purchase price and additional time is negotiable.

Reason Selling: other interest

AD # 373351

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