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Listing:

Established Plant and two drop stores
Providence AREA, Rhode Island

Financials
Asking:
$595,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $350,000
NOT Included:
   Inventory: $15,000
Gross:
$700,000
Cash Flow:
Not Disclosed
 
Summery Description
This is a great opportunity for someone who wants to build on a solid base by marketing the business. This operation is ready to go with state of the art dry cleaning and pressing equipment. Production can be increased by adding additional drop stores, wholesale or fire restoration. Option to purchase with or without drop stores and plant real estate.
 
General Inforamtion
Year Established:
1980
Employees:
   10
Facilities:
Plant is free standing building with up front parking. Brand new hydrocarbon environmentally safe dry cleaning machine. Full dry cleaning and laundry set up. Some machines are new, others are very good condition. Two high volume drop stores included in sale. Great lease deals on all 3 properties and option to purchase real estate included.
 
Market Outlook
Competition:
Great locations, long established client le, excellent equipment, 5 or 10 year leases, option to purchase real estate, owner financing.
Growth & Expansion:
Excellent opportunity to increase sales. Current prices are lower and no advertising is done.
 
About the Sale
Financing:
   Up to 25% owner financing over 6 years at 8%
Support/Training:
Seller will provide up to 3 weeks training at no extra charge.
Reason Selling:

Listing Number: TCS003

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