Fantastic Location! Dry Cleaner in Wicomico County!! State of the art dry cleaning plant in great upscale neighborhood! The location is perfect – located in a busy shopping center with an anchor super market and many other businesses on a high traffic street. The surrounding area is made up of great end residential neighborhoods and many retail stores. The plant has a Union 40lb.dry clean machine, 3 Forenta presses, an single buck Itsumi shirt press, Itsumi pants topper with laser, Wascomat 30 lb. dryer, Lagoon 50 lb. washer,
Fulton boiler, vacuum, sewing dept., and much more. The capacity to double production with ease in the beautiful location, adding contract work with their ample equipment, and advertising. The dry cleaner has been built with a vision for the future and is capable of so much more! The state of the art plant has been fitted out to be able to handle high volumes of dry cleaning and has not reached their full potential. Pick up and delivery can be added to the many loyal customers in this growing area! This dry cleaner is growing year over year but still has much upside potential! This opportunity won’t last!
- Asking Price:
- $315,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $301,887
- Cash Flow:
- $163,332
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
10 year lease
- Leasehold Rent:
-
$47,676 per annum
- Location:
-
Fantastic Location! Dry Cleaner in Wicomico County!!
- Premises Details:
-
2,000 sq. ft. beautifully equipped dry cleaner in a fantastic shopping center!
- Size in square feet:
- 2,000
Business Operation
- Competition / Market:
-
Only dry cleaner in the area!
- Reasons for selling:
-
Retirement
- Trading hours:
-
Mon, Tues, Thursday, Friday - 6AM – 6:00PM
Wednesday 6AM – 7PM
Saturday 8:00AM – 5PM
- Employees:
- 3
- Years established:
- 2006
Other Information
- Support & training:
-
Seller will stay to train the new owner to insure a smooth transition.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $500 - included in the asking price