Established Savannah Dry Cleaning Business
Established Savannah Dry Cleaning Business
Price: $777,000
Location: Chatham
Industry: Clothing and Clothing Accessories Stores (NAICS 448), Other Services (except Public Administration) (NAICS 81), Personal and Laundry Services (NAICS 812)
Listing ID: 1130
This business represents the gold standard in the industry. Ideally located, the property has great visibility and plenty of parking at a major crossroad intersection. For almost 40 years, this business has served some of the region's most affluent areas.
Gross Revenue: $752,063
Cash flow: $250,233
FFE Included: $160,000
FFE: 160000
Reason For Sale:
Retiring
Year Established: 1973
Employees: 6 FT, 8 PT
Monthly Rent: $3,098
Square Footage: 3,840
Facilities Information:
Year to year lease exp 8.30.2020. The landlord will grant an acceptable lease should lender require it.
Historical Summary:
This dry cleaner has been a Savannah area favorite for all dry cleaning needs. The business has been successful for decades. Seller is retiring.