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Denver

  • Listing Number: 214-21153

  • Category: Dry Cleaners/Laundromat, Service - Personal B2C

Asking Price $300,000
Down Payment
Gross Revenue $300,000
Total Adjusted Net Income $130,000
Equipment / Fixtures $40,000
Year Established 1984
General Location Denver
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Location, location location! This family owned and run business has been successfully operating since 1984. Primarily engaged in tailoring & alterations, it also serves as a dry cleaning drop-off/pick-up station. Ideally located at a major intersection in a very busy plaza. It has a stellar reputation and excellent rating on Google and Yelp. All customer data, including the current prices for alterations and dry cleaning, are computerized and will be transferred to the new owner. This 1,600 sq ft shop is fully equipped with three dressing rooms, three work tables, and 13 varying duty sewing machines for all tailoring/alteration needs. All FF&E is included. Owner is retiring.

Gross Revenue $300,000 Listed Price $300,000
Total Income $130,000 Down Payment
Base Rent $1,567 Square Feet 1600
Total Rent $3,242 Lease Expiration 12/2022
Rent Deposit $1,500 Lease Options Negotiable
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $40,000 Other Assets
Full-Time Employees 1 Training Period 60 days max 30/hr per week
Part-Time Employees Special License Required
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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