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Virginia Beach

  • Listing No.: 200-00019

  • Category: Dry Cleaners/Laundromat

Asking Price $499,000
Down Payment
Gross Revenue $456,183
Total Adjusted Net Income $132,982
Equipment/Fixtures $250,000
Year Established 2000
General Location Virginia Beach
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Drycleaner Plant and Dropoff location with very strategic location with good rent, upside and staff in place to help run.  Seller states current plant could double volume in current location.  This drycleaner is known for its high quality service as people come from NC to get their drycleaning done by them. They charge a bit more, but the others don't meet their quality.  Some of the upsides for future growth include: working closer with Navy base, increase advertising and increase route pick ups.  Seller willing to train, and can be a resource for any repairs and services in the future.  Seller willing to warranty labor on equipment.

Gross Revenue $456,183 Listed Price $499,000
Total Income $132,982 Down Payment
Base Rent $0 Square Feet 0
Total Rent $0 Lease Expiration
Rent Deposit $0 Lease Options
Inventory $6,000 Leasehold Improvements $40,000
Equipment/ Fixtures $250,000 Other Assets There are 2 locations both in Virginia Beach: 760 Northhampton Blvd and 2129 General Booth Blvd, #114. Northhampton rent is $2688 and General Booth rent is $2635
Full-Time Employees 6 Training Period 2 weeks
Part-Time Employees 1 Special License Required
Contract Staff 1 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.