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Dry Cleaners Full Plant (newer machine) - Great Price

Salem, MA

Seller Financing Available

listing image
Asking Price:$155,000
Gross Revenue:$205,000
FF&E:$300,000
Cash Flow:$95,000
Rent:$2,800/Month
Established Year:1990
Listing ID: 1670795Listing provided by BizBuySell
BUSINESS DESCRIPTION

PRICED REDUCED FOR A QUICK SALE -. MAKE AN OFFER - Not your typical dry cleaners. This is the Healthiest Dry Cleaning Business with the machine of a new generation; utilizes activated clay filtration rather than cartridge filtration and the reduction or complete elimination of distillation because uses GreenEarth 100% pure siloxane D5 dry cleaning fluid.
This is a Dry cleaning business and commercial laundry in operation for over 25 years. Is the go-to business located in a dense area with very desirable demographics surrounded by apartments, hospitals, shops, schools, offices, restaurants, public transportation, etc.
A complete plant is on-site for all cleaning services and alterations. Newer equipment with a long life expectancy is included in the sale (2.5 years ago owner invested more than $130,000 in new equipment) besides the new dry cleaning machine (cost $66,000 + transportation, installation, etc)) it was installed a brand new boiler, compressor, POS system, etc.

DETAILED INFORMATION
Location
Salem, MA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,674
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1,674 square feet in a busy plaza with lots of parking, long term lease. RE Tax, CAM and Water included in the rent
Competition
Promote the healthiest future dry cleaning operation. While some business advertise “organic” or “green” , there is nothing green about organic dry cleaning methods. “Organic”, as it relates to chemistry, refers to anything with a carbon backbone. Gasoline and asphalt are organic. Dry cleaners who market themselves this way are purposefully misleading the consumer
Growth & Expansion
Due to the owner's health and relocation, this new kind of health service was not advertised properly; it needs an aggressive promotion campaign. Advertise for more commercial accounts. . The Plant can handle its current volume and serves drop-off stores.
Financing
Qualify buyer
Support & Training
Seller will train.
Reason for Selling
Health and relocation
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Javier Castro
Boston Bay Business Brokers
Phone Number
Javier Castro
Call Phone