Full Service Dry Cleaner & Tailoring Business for Sale

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Asking Price:
$55,000

Gross Revenue:
$80,000
Cash Flow:
$45,535
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Perfect for a skilled tailor, this business is in an upscale neighborhood with parking in front and back of store. Services include dry cleaning with a significant focus on alterations. The business has a 70+ year history and the current owner is retiring after operating the business for 37 years and building an established and loyal client base. Dry cleaning is performed offsite by transferable dry-cleaning vendor. Lease is available as well as the option to purchase both the business and property.
Computerized system captures sales and clients and provides up to date sales information. Business is fully stocked with rail hanging conveyor belt, sewing machine and other alteration tools.
Hours of Operation: Monday - Saturday -7am - 6pm
BUSINESS PRICE: $55,000 USD
GROSS SALES: $80,000 USD
ASSETS: Client list, computerized sales system, conveyor belt, sewing machine, needles, threads, and other alteration tools
LEASE: $1500/mo with option to buy property
EXPENSES: Dry Cleaning vendor - $400/mo.; Electric - $150/mo; Water - $30/mo
SDE: $45,535.00
Call Drew Carney at 610-783-3555, ext 3 (office) or 610-952-8658 (cell). Transworld Business Advisors of Philadelphia Main Line.

About the Business

Year Established:
1970
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1502213
Ad Detail Views:
679

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Business Listed by

Drew Carney

Transworld Business Advisors of Philadelphia Main Line

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Sponsoring Broker:

Johanne Sermania
Transworld Business Advisors of Philadelphia Main Line

U.S. Census Data for Chester County, PA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Chester County, PA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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