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Profitable Dry Cleaner In Great Location for sale in Close to Litchfield county, Connecticut
Profitable Dry Cleaner In Great Location
Close to Litchfield county |
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Profitable family owned and operated cleaners with deep roots in the community. This is a Drop store so no cleaning is done on site. The business offers a full range of services; Dry cleaning, Custom tailoring, Leather and suede repair, Tux rentals, Blind cleaning, Shoe repair, Wedding gown preservation, Seasonal storage, Monogramming, and Some Jewelry sales. Tailoring is done on site. 50% of sales make up from dry cleaning and 50% from tailoring, and other misc services. The business prides itself with a personal touch and excellent customer satisfaction.
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Listing Number: 893
Ken Ernhout - Listing Broker
36 Old Farms Rd, Litchfield, CT 06759
Telephone - (860) 361-6398
E-mail -
kernhout@capitalbbw.com
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| Category |
SERVICE BUSINESSES |
| Sub-Category |
Drycleaning/Laundry Services |
| Asking Price |
$120,000 |
| Gross Sales |
$134,000 |
| Cash Flow |
$47,380 |
| FFE |
$8,900 |
| Inventory |
$4,000 (Inventory NOT Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
3 - Full-Time
0 - Part-Time |
| Facilities |
The large mixed use building is located right on a main street directly off an interstate. It shares the building with one other business and 2nd floor rentals. There is a large parking lot on the side and back of the building. The business has been in this location now for 4 years. The Dry cleaner has 1400 square feet and the Lease is a 5 years with 2 options.
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| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
There cleaner is located in a good area of professionals. Many long time clients that have been with the cleaners for decades. There is a large percentage are Doctors and Teachers from the local universities and hospitals. The business will deliver to some clients. It is the only Dry cleaner in the area to offer a complete line of services.
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| Growth Notes |
New owner can do more advertizing. The business can certainly expand on their few pickups and deliveries to further separate themselves from the competition.
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| Support Training |
The owner will stay on for an agreed upon time. Training would be tailored according to buyer’s knowledge of the business.
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| Year Established |
1995 |
| Financing Terms |
NA |
| Reason for Selling |
Owner wishes to pursue other interests.
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