Business Summary:
This is an asset sale only of a business that could make a healthy return for the new owner. Brand new boiler, computerized inventory tracking and retail POS machine, electrical wiring, compressor, steam piping, 2 year old Columbia Pronto 240 dry cleaning machine, and refurbished pressing machines throughout the store. The real proof is in the pudding. Off site owner bought this business and placed a manager inside who was making 25,000 dollars a year. (Manager was relieved of duties 1/14/08.) After replacing all of the equipment and replacing the stores mechanicals, he needs to focus on his day job. What comes with all of this equipment is approval by one of Milwaukee's largest hospital chains and increasing business of 2,000-3000 per month from them due to their other contractor continually losing or destroying items. A delivery van is included and a contract with Milwaukee Public Schools for pick up and drop off. Walk in and neighborhood traffic have increased from 0 to almost 90,000 in revenues in 3 short years. The storefront itself is on a heavily trafficked street and flanked by multiple tenants in this busy strip center. For the right owner operator, this could be an excellent opportunity to grow a business, while borrowing against the assets of the store.
|
|
|
