Listing Number: 3233-861227
Description
Prominent local dry cleaning business - with related property - delivering substantial sales and cash flow is ready for new owners!
Investment highlights include:
* Turnkey business provides a range of fabric cleaning, pressing and tailoring services.
* Consistently generates substantial cash flow from large, local customer base.
* Conveniently located on busy commercial and retail street with significant traffic flow.
* Operates in a one-story building on a half-acre lot included with the business sale.
* Well-equipped facility includes washers, dryers, fabric pressing stations and sewing machines as well as sorting bins, racks and storage for cleaning solutions, hangers and garment bags.
The business is being offered with the real estate (building and property, with property being offered by Caton Commercial Real Estate Group (Caton) and Steven P. Eschbach as independent real estate agent with Caton as senior commercial broker), with an asking price of $300,000, making the total transaction value of $950,000.
The retiring business owner is open to providing seller financing and mentoring to qualified buyers for a limited period of time.
Call for more details!
Listing Details
- Price: $ 650,000
- Down Payment: $487,500
- Sellers Discretionary Earnings: $ 222,778
- Total Sales: $ 635,513
- Location: Cook County, Illinois
- Inventory: $ 5,000
- FF&E: $ 165,000
- Employees: 4
- Reason for Selling: Pursuing other interests
- Category: Cleaning/Clothing
