Appraised at $326,000 in May of 2023, we are selling this business at a reduced price of $190,000.
Seeking a new owner to bring in a fresh perspective and revive this business.
This is an asset sale, as the owner urgently needs to retire due to old age and health issues. We are breaking even with monthly sales between $12,000 and $15,000 per month. Rent is $5,200 per month. The owner operates the shop with one presser/counter staff. The employee will continue to work with the new owner and is trained to operate the machines.
Well-established dry cleaning business in operation for over 40 years is for sale. Strategically located near a major grocery store, bank, gas station, and doctor's office in a busy shopping centre. Perfect for a family-run operation. We also have a contract with a local Tailoring shop to do their dry cleaning (pick up and drop off). We also offer alterations, which we send to a local tailor.
We are open to offers for a quick sale. This business offers an excellent location and good rent, making it a great opportunity. The business operates efficiently with 2-3 staff, and is easy to run. There is significant potential for expansion, with lots of room to grow. Contracts with Tailoring shops, Hotels and Oil and Gas are perfect to increase sales.
IMPORTANT:
- Potential buyers must have decent credit to sign a lease.
- We are not interested in seller financing. Buyer must have the funds available.
