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Scottsdale

  • Listing No.: 115-10927

  • Category: Dry Cleaners/Laundromat

Asking Price $375,000
Down Payment $375,000
Gross Revenue $450,000
Total Adjusted Net Income $160,000
Equipment/Fixtures $150,000
Year Established 1982
General Location Scottsdale
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image-for-Chuck Wimmer

This dry cleaner business is located on a very busy intersection corner in Scottsdale. Dry cleaning, laundry, and alterations are all done at this location. This dry cleaner caters to high-end clientele within Scottsdale, taking care of the highest quality and couture items, and is known for their quality work and service. This business also cleans suede and leather, does shoe and luggage repair, and wedding gown preservation. This is a non-franchised, family-owned dry cleaner.

Gross Revenue $450,000 Listed Price $375,000
Total Income $160,000 Down Payment $375,000
Base Rent $0 Square Feet 1940
Total Rent $6,200 Lease Expiration 12/2022
Rent Deposit $0 Lease Options 5 year
Inventory $0 Leasehold Improvements
Equipment/ Fixtures $150,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 5 Special License Required
Contract Staff 0 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.