North Carolina Dry Cleaner and Coin Laundry with Real Estate Included

Financial Information

  • Asking Price: $599,900
  • Gross Revenue: $302,725
  • Cash Flow: ON REQUEST
  • Down Payment: ON REQUEST
  • FF&E (Included): $341,755
  • Inventory: $3,000
  • Financing: Yes

Business Location

  • North Carolina
  • North Carolina
Primary Business Category:

Established Family Owned Dry Cleaning and Coin Laundry Service located within striking distance of well known university. The business offers dry cleaning, alterations and coin laundry. It is within 1 hour of the cities of Raleigh, Chapel Hill, Pittsboro, Southern Pines, Fayetteville, and Goldsboro. Sellers are retiring and looking for an owner operator/ active investor to carry on their legacy. The included Real Estate valued $410K is located in a growth area and new buyer can capitalize on untapped local business. Real Estate is 7,563 total sq ft. Business occupies 4,741 sq ft with 2,882 of leased retail space. For more information please contact Shanon Madrid at: 919-858-6853 Ext 101 or [email protected]

Competition Description

Low competition with high barrier to entry.

Growth / Expansion overview

Current Equipment is operating at 50% capacity

Support / Training Comments

Seller will transition

Reason For Sale
  • Home Based: No
  • Year Established: 1998
  • Franchise: No
  • Year Acquired: 1998
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $410,000
  • Real Estate Asking: $410,000
  • Days Open: Monday- Saturday
  • Hours Open: 7:00-5:30
  • Fulltime Employees: 5
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 7,563 sq ft
  • Parking: Ample
  • Monthly Rent: N/A
  • Additional Terms: 2,882 sq ft is retail (leased)

Contact Business Broker

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Business Listed by

Sunbelt Durham

Contact: Shanon Madrid
Office Phone: 919-624-9275
Mobile Phone: 919-624-9275
Listing ID: DURHANC001-N71

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