Dry Cleaners with two dry cleaning machines
Business Description
This well-located dry cleaners was purchased by the current owner in 2017, completely renovated, and reopened, successfully running the business to this day. At that time, two dry cleaning machines were purchased and operated for wholesale purposes, but the owner stopped wholesale during the pandemic. If you are a new buyer with dry cleaners business experience, you can be sure that this is a really good location and has great potential because the equipment is good. Also,
you can purchase not only the business but also the building. The current laundry business owner is the building owner. The stedy building income from the 2 units will be a solid support. The total price including the building is $2,450,000. The CAP is 6%. But sellers will decline offers for buildings only, excluding business.
you can purchase not only the business but also the building. The current laundry business owner is the building owner. The stedy building income from the 2 units will be a solid support. The total price including the building is $2,450,000. The CAP is 6%. But sellers will decline offers for buildings only, excluding business.
About the Business
- Years in Operation
- 8
- Facilities & Assets
- The 3600 sq building is currently divided into 2 units, 2400 sf owned by Dry Cleaners and 1200 sq occupied by Tobaco Hut. The building is located on Gordon Blvd, so it has good visibility and is right next to a 7-Eleven. It is close to all the roads including I-95, I-495, I-395, and Rte 1, so it is considered the best wholesale location.The dry cleaners itself is spacious and the equipment is in good condition.
- Market Outlook / Competition
- Since several dry cleaners around here have closed since the pandemic, this is the perfect location for buyers looking for wholesale, and the equipment is in good condition, so it has great potential.
- Opportunities for Growth
- They've been receiving requests from pickup owners to do laundry, but the current owner has decided to retire and has declined these offers. The seller hopes a new buyer will take advantage of this opportunity.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $6,334.00 per month
About the Sale
- Seller Motivation
- Retire
- Transition Support
- After closing, the seller will train for two weeks.
If a buyer needs assistance from the current owner, they can still assist the buyer on a part-time basis after two weeks of training. - Financing Options
- No
Listing Info
- ID
- 2394074
- Listing Views
- 615
Listing ID: 2394074 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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