Under The Contract,,drop Off Store

Annapolis, MD
listing image
Sale Pending
Asking Price:$419,000
Gross Revenue:$650,000
Established Year:2005
Cash Flow:$220,000
Rent:$8,000
BUSINESS DESCRIPTION

UNDER THE CONTRACT,,This business serves as a drop-off location for customers to conveniently leave their dirty laundry. The location doesn’t perform the on-site cleaning; instead, it partners with external facilities that pick up the laundry, clean it, and return the finished products for customers to pick up. Additionally, all clothing alterations are done on the premises.
A dry cleaning and laundry drop-off business caters to garments and textiles that need special care, such as delicate fabrics, suits, dresses, or items that can’t be laundered at home. Key services include:
Dry Cleaning: Chemical solvents instead of water are used to clean clothes, making it ideal for delicate fabrics like silk and wool or items prone to shrinking or damage in standard washing machines.
Laundry Services: Some locations also offer wash-and-fold services, where customers leave their laundry for professionals to wash, dry, and fold.
Tailoring and Alterations: The business provides alterations such as hemming, mending, and garment repairs.
Specialty Cleaning: The business may also handle unique items like wedding dresses, leather, or suede garments.
Convenience: Customers drop off their clothes, and the business manages the entire cleaning process. Freshly cleaned items are then ready for pickup within a specified timeframe.
The profitability of the business depends on factors like location, customer base, and operational efficiency. Additional services, like pickup and delivery, can further enhance convenience for customers.


DETAILED INFORMATION
Location
Annapolis, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Employees
3
Facilities
In Busy Shopping Center
Financing
SBA
Support & Training
2 week
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jim
peang
Greenmount Properties LLC
jim peang