Profile: Absentee Run Profitable Drycleaning Plant + Agency.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$190,000 |
| Down Payment: |
$110,000 |
| Annual Revenue: |
$272,280 |
| Annual Adjusted Net: |
$99,617 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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These 2 Shops(Bel: 908sft, 2412/Mon + Park:1342sft, 3755/Mon) With 2007 Sales Of 272K And Adjusted Net Of 99.6K Used To Do 499K ~ 578K Sales With 154K ~ 184K Of Adjusted Net For 3 Consecutive Years. Since It`s Decision In 2007 To Stop Taking Orders Requiring Outside Services (Due To Quality And Delivery Issues), It`s Sales Dropped By 45%. The Shop Has Since Been Equipped With New Equipment For The Orders, Which Used To Be Outsourced, And, Is Now Ready To Increase Its Sales And Profit To A Level Of Last 3 Years. The Absentee Owner, However, Found Other Business Opportunities, And Decided To Sell It Quickly. The Asking Price, Therefore, Has Been Set Far Below The Market Price, Which Includes Inventory Of 14K, Account Receivables, ½ Of Down Payment. The Shop Is Fully Equipped With Computer Systems And Security Systems For Absentee Run.
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