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20 Years Dry Cleaners in Delaware County Fantastic Location

Delaware County, PA
listing image
Asking Price:$470,000
Gross Revenue:$696,931
Rent:$3,878/Month
FF&E:$145,325
Cash Flow:$214,248
Inventory:$1,000
EBITDA:$234,809
Established Year:2004
Listing ID: 2299170Listing provided by BizBuySell
BUSINESS DESCRIPTION

20 Years Dry Cleaners in Delaware County Fantastic Location
Long-established Organic Dry cleaners for sale in Wayne, operating in the same location for over 20 years! Fantastic Location in Strip Center on the main busy road! Upscale Desirable Suburbs! The location is perfect – on a high a traffic street in a very busy strip center with many other businesses. With an annual revenue of $480,000, this business has a loyal and affluent clientele. The Dry Cleaners also maintains strong relationships with several long-term business accounts, each over five years. Since COVID, local competition has diminished, offering steady income potential. The machines are well-maintained and fully operational. The plant has a 50 lb. IQ hydrocarbon organic dry cleaning machine, a Itsumi double buck shirt unit, Unipress collar/cuffer, Sankosha dress suzie, Sankosha pants topper, 3 pressing stations, another hot head pressing station,15 hp Fulton boiler, vacuum, chiller, Unimac 50 lb. commercial washer, Siemens 10 hp compressor, and much more. A fantastic opportunity for anyone looking to continue a successful business

Please contact by email first
tud51394@gmail.com
knj2945@gmail.com

DETAILED INFORMATION
Location
Delaware County, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
31/12/2029
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Great store with all equipment included with driver cargo van
Competition
The location is perfect – on a high a traffic street in a very busy strip center with many other businesses. The surrounding area is made up of in town businesses and great nice residential neighborhoods. Since COVID, local competition has diminished, offering steady income potential.
Growth & Expansion
The capacity to double production with ease in the spacious location, adding more contract work with their ample equipment, and accounts have already been built into this plant with a vision for the future. The plant has been fitted out to be able to handle high volumes of dry cleaning and has not reached their full potential. This opportunity is growing but still has much upside potential.
Financing
N/A
Support & Training
4 hours of training per day for 1 month possible
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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Kwan Shin
Phone Number
Kwan Shin
Call Phone