• Dry Cleaners in Myrtle Beach – Nearly 20 years in business!

    Description:

    Assumable Loan!! Only $75k Nets you over $90k!!

    Assumable Loan-Only $75k Down!!
    Well-established, turn-key business , a staple of the Myrtle Beach community for nearly 20 years. Strong, repeat customer business with excellent margins and cash flow. Owner is asking less than two times cash flow! Make money as soon as you open the doors. The build-out alone of this location would cost over double the asking price if someone were to start fresh.

    Dry cleaning done onsite in the plant where there are two full-time employees with over a decade’s worth of experience apiece. Plant has the capability to service multiple satellite (drop-off) locations. All equipment in place to set these up.
    Contact: Wesley Marley(919-437-2258)
    OR
    Ken Neathery(843-997-9863)

    Asking Price:$175,000

    Cash Flow:$90,000

    Gross Revenue:$280,000

    EBITDA:$90,000

    FF&E:$50,000

    Inventory:$5,000

    Lease Rate/Sq. Ft.:$12/yr

    Established:1998

    Inventory:Included in asking price

    Real Estate:Leased

    Building SF:3,200

    Lease Expiration:4/1/2020

    Employees:3

    Furniture, Fixtures, & Equipment (FF&E):Included in asking price

    Facilities:3,200

    Competition:Have equipment to set up additional drop off locations.

    Financing:Seller may finance

    Support & Training:30 days or as needed

    Reason for Selling:Family issues

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