Dry Cleaners Plant & Agency – High Volume & Net Retail

1. (Plant)
Retail Sales: $36,500 monthly avg
Expense (Total: $25,550): Rent: $9,800, Payroll: $9,000( 3FT) including tax, Utility $2,500, Insurance: $500, Credit Card Fee $800, Payroll Tax $500, Internet $250, Supply $1,200, etc $1,000

Net Income: $10,950

2. ( Agency)
Retail Sales: $38,500 monthly avg
Expense (Total: $23,590): Rent: $8,800, Payroll: $9,000(3FT), $2,000 (1pt) including tax, Utility $100, Insurance: $500, Credit Card Fee $800, Payroll Tax $800, Internet $90, Alteration fee $1,500
Net Income: $14,910
Operation: Help run

General Information
Total Monthly Sales: $75,000 AVG
Total Net Income: $25,800 AVG

Open Hours:
Plant: Mon-Fri: 7 am–6 pm | Sat: 8 am–4 pm | Sun: Closed
Agency: Mon-Fri: 7 am–6 pm | Sat: 8 am–4 pm | Sun: Closed
Owner Involvement: Management and oversee the operation.
Equipment: Mint Condition.
Loan Approved: SBA-qualified.

Location: Both are situated in busy shopping centers conveniently located nearby.

Down Payment: $749,000

Total Sales: $900,000

Cash Flow: $309,600

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $150,000

FFE Included: Yes

Inventory: $12,000

Inventory Included: No

Year Established: 2017

Days & Hours of Operation: Plant: Mon-Fri: 7 am–6 pm | Sat: 8 am–4 pm | Sun: Closed Agency: Mon-Fri: 7 am–6 pm | Sat: 8 am–4 pm | Sun: Closed

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 7

Absentee Owner: No

Real Estate: N/A

Monthly Rent: $18,600

Type of Location: Strip Center

Square Footage: 1680 P & 1800 A

Relocatable: No

Reason For Sale:

Personal