Drycleaner full plant with shirt laundry

Cumberland, RI
listing image
Asking Price:$189,000
Rent:$4,400
Established Year:2010
Gross Revenue:$180,000
FF&E:$120,000
BUSINESS DESCRIPTION

TYPE OF BUSINESS: Dry cleaning business: full plant with shirt unit
LOCATION: Providence Area in RI high traffic area.
Size: 2,100 +- s.f. Rent:$3,700/month (Cam & R.E tax $500) Lease: 10/years Hours: M - Fri: 7:00 am-6:00 pm, Sat: 8am-4:00 pm. closed Sunday.
Employees: 1 Shirt Presser: 1 D/C presser, 2 counter persons and Plus one working owner

Equipment: Multimatic 50lb drycleaning machine (MS-50+ 2019), Milnor washer 55lb washer, Maytag 18lb washer, 75lb dryer, Hot water heating system, Chiller (water tower), 15 hp Fulton gas boiler, steel return tank, blow down tank, Rema vacuum, 5.5 hp compressor, hot head press, pant press topper, pants press legger, Single head puffer, triple head puffer, utility press, suzie, 3 z bar portable racks, Unipress lightning single buck shirt unit, triple head hot collar post, iron board/w iron, 2 steam iron, spotting board, 6 laundry basket, 2 front service counters, 1 mark-in counter, 1 fitting room ,2 computerize system with tag & ticket printers, 700 slot conveyor, 13' assembly conveyor, 1020 slot double stack conveyor ,1 button machine , credit card machine, etc..

This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is SALES PURPOSE ONLY.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Cumberland, RI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,100
Lease Expiration
31/12/2029
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Many drycleaners have close since 2019 due to Covid 19, and never re-open.
Growth & Expansion
There is opportunity to expand the income by setting up route for pick-up & delivery.
Support & Training
The Seller or designated employ will train new Buyer in the daily operation of the current business.
Reason for Selling
The owner is currently operating this business as an absentee owner.
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Ming
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Ming Dong