Established Dry Cleaner in Salem
Business Description
Established Dry Cleaner in Salem - Prime Healthcare District Location
This well-established dry cleaning business has been serving the Salem, Massachusetts community since 1986, offering comprehensive dry cleaning, laundry services, and tailoring to a loyal customer base. Located on busy Highland Avenue directly across from Salem Hospital, the business benefits from exceptional visibility and consistent foot traffic in this high-demand healthcare corridor.
Business Highlights:
• Nearly four decades of continuous operation with established customer relationships
• Strategic location across from Salem Hospital ensuring steady clientele
• Comprehensive service offering including dry cleaning, laundry, and tailoring
• Annual revenue of $110,000 with established financial history
• Substantial equipment and fixtures valued at $60,000 included in sale
• Inventory included as part of the transaction
The current owner is retiring after years of successful operation and is willing to provide training to ensure smooth transition and continued success. This turnkey opportunity offers an immediate income stream in Salem's Essex County market, known for its strong residential and commercial base.
The business operates from a leased facility, providing flexibility for the new owner while maintaining the prime Highland Avenue location that has contributed to its long-term success. With its established reputation, strategic positioning near major healthcare facilities, and comprehensive service offerings, this represents an excellent opportunity for an entrepreneur seeking an established business in the growing personal services sector.
Ideal for buyers looking for a proven business model with strong community ties, consistent revenue stream, and growth potential in Salem's vibrant commercial district.
This well-established dry cleaning business has been serving the Salem, Massachusetts community since 1986, offering comprehensive dry cleaning, laundry services, and tailoring to a loyal customer base. Located on busy Highland Avenue directly across from Salem Hospital, the business benefits from exceptional visibility and consistent foot traffic in this high-demand healthcare corridor.
Business Highlights:
• Nearly four decades of continuous operation with established customer relationships
• Strategic location across from Salem Hospital ensuring steady clientele
• Comprehensive service offering including dry cleaning, laundry, and tailoring
• Annual revenue of $110,000 with established financial history
• Substantial equipment and fixtures valued at $60,000 included in sale
• Inventory included as part of the transaction
The current owner is retiring after years of successful operation and is willing to provide training to ensure smooth transition and continued success. This turnkey opportunity offers an immediate income stream in Salem's Essex County market, known for its strong residential and commercial base.
The business operates from a leased facility, providing flexibility for the new owner while maintaining the prime Highland Avenue location that has contributed to its long-term success. With its established reputation, strategic positioning near major healthcare facilities, and comprehensive service offerings, this represents an excellent opportunity for an entrepreneur seeking an established business in the growing personal services sector.
Ideal for buyers looking for a proven business model with strong community ties, consistent revenue stream, and growth potential in Salem's vibrant commercial district.
About the Business
- Years in Operation
- 40
- Employees
- 2 (1 Full-time, 1 Part-time)
- Facilities & Assets
- Dry cleaning machine, washers and dryers, pressing line, boiler, shirt machine. All necessary equipment included.
- Market Outlook / Competition
- Great location on busy Highland Ave across from the Salem Hospital
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner willing to train
Listing Info
- ID
- 2493729
- Listing Views
- 71
Business Location
Listing ID: 2493729 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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