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Package Of 2 Established Laundromat/ Dry Cleaners In Pennsylvania For Sale

Pennsylvania, US
Asking Price:
$799,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Undisclosed
Cash Flow:
$240,000

HS Listing ID-62638

-Dry cleaning drop store with fur coat storage facility
-35 years established
-Owner retiring
-3 employees
-Has an employee that works at both locations and could be manager
-Hours of operation M-Friday 7-6 Saturday 8-3 closed Sunday
-1,570 sqft (730 cleaner section/840 fur storage section)
-Rent/Taxes $2,260
-Minivan included for transportation
-Chevy crosstown
-Can be absentee owner does more than he has to.
-7 day turnover generally on inventory
-Fur Coat reoccurring every spring $20k
-No advertising

LOCATION 2:

Dry cleaner with laundromat
-Established over 80 years
-Owner retiring
-3200 sqft (1600 each)
-Laundromat does not generate any income they just use it to wash for dry cleaning all aged equipment over 15 years old
-47machines (33 washers, 14 dryers)
-No marketing
-8 employees
-Will need to hire a dry cleaner
-Pay after pick up (can be changed)
-Laundromat used to do very well but they let the equipment get old

Property Information

Real Estate:

Lease

Leasehold Rent:

$27,120 per annum

Size in square feet:
3,200

Business Operation

Reasons for selling:

Other business interests.

Years established:
80

Other Information

Support & training:

Yes.

Financing available:

N/A