Location: Berks County, PA
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!!
Gross Revenue: $204,000
Cash Flow: $52,000
FFE: $15,000 (Included in Price)
Reason For Sale:
Training & Support:
Year Established: 2007
Days & Hours of Operation: Monday - Friday 8:30 - 6:30 pm , Saturday 8:30 - 3:00 pm, Closed Sunday