Asking Price: $285,000

Gross Revenue: $505,160

Cash Flow: $130,599

FF&E: $61,250 (Included in Asking Price)

Real Estate: $249,900 (Included in Asking Price)

Seller Financing: Seller is willing to finance up to 50% of the sale price.

Two (2) Income Producing Companies, Commercial Real Estate, Two (2) Income Producing Apartments, & Storage Garage - All for One Low Price!!

VALUE OF REAL ESTATE & EQUIPMENT EXCEEDS ASKING PRICE!

Dry Cleaners and Laundromat with instant cash flow. 2,500 sq ft dry cleaners contains state-of-the-art machinery for onsite cleaning as well as a drive-thru pick-up window. 2,500 sq ft laundromat has 83 coin-operated washers and dryers. Both located on 5,000 sq ft first floor of main building.

Main building also contains three-bedroom and studio apartments - both presently rented - on second floor.

12 parking spots.

2,000 sq ft storage garage on adjacent parcel.

All included in sale price.

MOTIVATED SELLER!!!! MAke an offer!!

Year Established: 1967

Employees: 5 full time - 2 part time

Relocatable: Yes

Franchise: Yes

Home Based: Yes

Facilities: Real estate included in sale is comprised of 5,000 sq ft building. Dry Cleaners (2,500 sq ft) with full dry cleaning plant (Hoyt Petro Dry Cleaining Machine - 65lbs & 4 yrs old; Wascomat Shirt Washer - 50lbs; Unipress Rotary Shirt Unit - 30lbs, etc.) on site with drive-thru and Laundromat (2,500 sq ft) with 83 coin-operated machines, 1 vending machine for detergents, and 1 change machine. Additional parcel of land with garage storage also included.

Market Outlook and Competition: This is the only drive-thru dry cleaners in Albany.

Reason For Selling: Retirement