Hot Listing

Rare!! Absentee Run Dry Cleaning Drop Store - Cash Flowing Asset

Asking Price$450,000

Cash Flow

EBITDA$135,000

Gross Revenue$220,000

Inventory$30,000
Included in asking price
FF&E$50,000
Included in asking price
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Hot Listing

Rare!! Absentee Run Dry Cleaning Drop Store - Cash Flowing Asset


Asking Price$450,000

Cash Flow

EBITDA$135,000

Gross Revenue$220,000

Inventory$30,000
Included in asking price
FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
Dry cleaning drop store in Hockessin offering the following products/services:
• Dry cleaning – Suits, pants, polo shirts, skirts, jackets, blouses, dresses, rugs, pillows, household materials
• Laundry Shirts – Men’s button-down shirts
• Repairs of shoes, purses and other personal/household items
• Alterations – Tailoring and adjustments
About the Business
Years in Operation
55
Employees
3 (1 Full-time, 2 Part-time)
Facilities & Assets
An iconic store in the wealthy neighborhood of Hockessin, the drop store is a dry-cleaning drop store. The store is serviced by a wash plant approximately 11 miles from the store - the washing plant also owned by Seller and is not for sale. Drop store offers the following products/services:
• Dry cleaning – Suits, pants, polo shirts, skirts, jackets, blouses, dresses, rugs, pillows, household materials
• Laundry Shirts – Men’s button-down shirts
• Repairs of shoes, purses and other personal/household items
• Alterations – Tailoring and adjustments
Market Outlook / Competition
Very well-known and long-standing dry cleaners in the heart of Wilmington and Hockessin
Opportunities for Growth
Expand geographical reach by introducing pick-up and drop off; acquire commercial accounts.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$2,100.00 per month
Lease Expiration
4/30/2029
About the Sale
Seller Motivation
Seller has other business interests he would like to pursue
Transition Support
Limited, and if needed.
Financing Options
Seller Financing Available
Listing Info
ID
2368246
Listing Views
2099
Business Location

Contact Seller

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Business Listed by: Jay M

Listing ID: 2368246 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.