Services - Drycleaning/Laundry

Asking Price	$1,100,000	Inventory	$15,000**
Gross Income	$900,000	Real Estate
Cash Flow	$360,000	Year Established	1998
FF&E	$200,000*	Employees	10

* included in the asking price

** not included in the asking price

Good locations and above average retail prices for drycleaning and laundry - Pants: 4.45 Suits 11.55, Dresses 10.50, Laundry shirts 4.75 For a smooth transition, Sellers would prefer an experienced Buyer with strong Financials. Call broker for more detrails and to answer any questions you may have.

Facilities: Tis Business has two retail locations, a main processing plant and an Agency (drop-off) store. Both stores operate out of premises with long-term leases good through 2024. Rent costs are below 10% of Gross Sales

Competition: No competition where this business is located

Growth/Expansion: Population and Economic growth will be the main factors in expanding the business

Financing: Buyer to obtain his own financing

Support/Training: To be negotiated with Seller

Reason Selling: Partnership Split