Property Description

Dry Cleaning and Alteration Business for SaleThis turnkey dry cleaning and alteration business uses a non-toxic, non-hazardous wet cleaning system. The business was originally established in 1977. The current owner, the third owner overall, purchased it in 2001 and is now retiring.Financial HighlightsOver the last three years, the business has averaged approximately $293,000 in annual gross income, with yearly expenses of about $144,000 and estimated net income of about $149,000.There is significant potential for growth, especially through the addition of pickup and delivery services. A detailed income and expense report is available upon request.The sale price includes specialized machinery and equipment, including: Miele washer and dryer GE washer and dryer VEIT garment enhancers Two pressers Air compressor Additional equipmentThe current lease runs through 2033 and includes an option to renew. The owner is also prepared to provide training to support a smooth transition.

Property Features