Tux Rentals, Alterations, Dry Cleaners, Laundry – Berks County, PA

Price: $105,000

Location: Berks County, PA

Industry: Retail

Listing ID: 07162020

JUST REDUCED for quick sale!!!

13 year history of servicing Berks County, PA out of an 1800 square foot store offering dry cleaning (drop store only), tuxedo rentals, alternations and laundry services. They are located on a highly trafficked street, very visible by passerby’s with minimal competition in the area. This is an owner-operated business with 3 part-time employees. They have a great reputation in the surrounding neighborhoods with 5 star reviews and repeat customers!

Just 7 miles up the road, a large men’s retail superstore shutdown due to COVID-19. Because of this, tuxedo sales have spiked and will only increase as the busy season comes along.

Please note this is a drop off store ONLY with no physical dry cleaning machines on site. This is the perfect opportunity for a current drop store and/or dry cleaning plant OR a stand-alone acquisition opportunity.

Owner has decided to sell business due to retirement, priced to sell!!

Listing Details

Gross Revenue: $204,000

Cash Flow: $52,000

FFE: $15,000 (Included in Price)

Reason For Sale:

retiring

Training & Support:

will provide

Operation

Year Established: 2007

Days & Hours of Operation: Monday - Friday 8:30 - 6:30 pm , Saturday 8:30 - 3:00 pm, Closed Sunday