Business Summary

Financials
Asking: $250,000
NOT Included in the Asking Price:
Inventory: $4,000

Gross: $215,000
Cash Flow: Not Disclosed

Summary Description
TYPE OF BUSINESS: Dry Cleaners, full plant LOCATION: hi traffic Street, Providence, RI Open: 6 days. Hours: M-F 7am-5:30 pm, Sat. 7am-5:30pm, Size: 3,400 s.f. with full basement, Established: 40 years, Current Owner 23 years, Lease: Will negotiate with the landlord who is also the seller. Rent: $2500. Employees: 2 Owners and 1full-time, 1 part-time. Payroll: Presser - $500/week, Tailor $6000/year. EQUIPMENT: Union dry-cleaning machine 34-40 lbs., 15 h.p. Fulton boiler (2005), Cissell spotting board, Scale, Cissell legger press, Utility press, Return tank, Rema vacuum, Ingersoll Rand 3h.p. compressor, Unipress legger press, Cissell Suzie, Cissell utility press, Whirlpool small washer, 3 Head puffer, Bagger, Custom computerized system with scanner, Cash register (Royal), Credit card machine, Sewing machine with table, Blind stitch sewing machine with table, Service counters, 5 Canvas laundry carts, water cooler, etc.

General Information
Year Established: 2000
Employees: 3

About the Sale
Financing: None at this time
Support/Training: Will train
Reason Selling: retiring after 23 years

Property Details