Services - Drycleaning/Laundry

Asking Price	$199,000	Inventory
Gross Income	$180,655	Real Estate
Cash Flow	$13,439	Year Established	1998
FF&E	N/A	Employees	2 Fulltime 2 PT

* included in the asking price

** not included in the asking price

Full Service Laudromat and Tanning in Portland Maine

Business Summary: 2100 sq.ft full service Card Laundromat with tanning and dry clean Pick-up station. Featuring 26 washers with 24 dryer pockets and two tanning rooms. This facility is located near the University and local school systems in a high density populated area. This leased space has ample parking and 8 3/4 leaft on the assignable Lease. Growth/Expansion: This facility was remodeled / refurbished in February 2007. The business is growing weekly as tanning, dry cleaning and wash/dry/fold service is getting established. This turnkey business will come with owner training. Dry cleaning computer management system included. General Information: Year established: August 1998 Employees: 2 full time, 2 part time Financials: Asking $199,000 Gross $180,655 (Febr.1 2007 to Jan.31 2008) Cash flow $13,439

Facilities: 2100 sq ft. facility located in key traffic intersection with ample parking. Easy access. 24 Wascomat and Whirlpool washers in excellent condition. 24 Hubsch dryer pockets. Candy and soda machine. 2 seperate tanning rooms. This leased facility is in very good condition with more than 8 years left on assignable lease. All new folding tabels, furnishes and racks. White Conveyor system. Electronic debit card system on all equipment

Competition: Located in high density population area within walking distance of Portland campus of Southern Maine University. Intersection of main arteries for traffic to western suburbs.

Growth/Expansion: Tanning service keeps growing as competitors have ceased operation. Offering of environmentally friendly Wet Cleaning is becoming increasingly popular and important to this community.

Support/Training: Turnkey business will come with owner training. Support and training for maintenance of equipment also available