Dry Cleaners

Saint Cloud, MN
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Asking Price:$200,000
Gross Revenue:$437,610
FF&E:$59,975
Cash Flow:$72,784
Inventory:$20,000
Established Year:1965
BUSINESS DESCRIPTION

Since 1965 this business has been the go to place for all your dry cleaning needs. It's staff is very pleasant to work with and very qualified to handle the day to day operations of running the business. It's located in the heart of the city with a very high traffic count. The city is currently working on revitalization of the entire area, so change is happening.


DETAILED INFORMATION
Location
Saint Cloud, MN
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,534
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This 6,500 sq ft facility works very well for the business operations with the lease assumable until 2029. It is a turn key operation.
Competition
This business is located in a fairly large community area with no direct competition.
Growth & Expansion
The pandemic was hard on this industry causing some to close their doors permanently. This community was no different! The more creative a new owner is I believe will directly impact the growth of the business. There is still a lot of business out there.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Pursue another career.
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David
LaVoi
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David LaVoi