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Businesses For Sale > Business For Sale in Bedford, Cuyahoga, Ohio (OH)
Dry Cleanering and Tailoring 60 Years for sale in Bedford, Cuyahoga, OH
Bedford, Cuyahoga, Ohio (OH)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 285,000 |
$ 448,041 |
$ 100,000 |
Furniture and Fixtures Value:
$ 150,000 (included in the asking price)
Inventory Value:
$ 5,000 (not included in the asking price)
Real Estate:
$ 75,000 (included in the asking price)
Business Summary:
Purchase Price: $285,000.00 Break Down =Business priced at $210,000.00 Real Estate Priced at $75,000.00 + 50% of the Value of the clothes on the rack ($5,000, appx.)Cash Flow: $100,000.00 +Seller Financing: The Sellers will accept $100,000.00 down payment plus the value of the inventory. They will finance the remaining $185,000 over 10 years at 7% interest. The monthly payment on the loan is $2,148.01. That includes both the building and the business.The Sellers have been paying themselves rent of $2,750.00 per month.Business Activity: Profit Center #1: Dry CleaningProfit Center # 2: Alterations
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| Year
Business was Established: 1949 |
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| Number of Employees:
2 FT / 3 PT |
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| Facilities / Terms of Lease:
The building sits on .27 acres and is located on a main street that has very good visibility and parking.
The dry cleaning equipment is called a dry to dry. We will provide a complete list of the equipment when we have received the confidentiality agreement. The store has 4392 sq. ft. |
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| Potential
Growth/Expansion:
The building sits on .27 acres and is located on a main street that has very good visibility and parking.This is a well established dry cleaning business for over 60 years. |
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| Owner
willing to finance:
The Sellers will accept a down payment of $100000 and finance the remaining $185000 over 10 years at 7% interest. The monthly payment on the loan is $2148.01. That includes both the real estate and the business. |
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| Owner
willing to train:
Yes |
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| Reason for selling:
Retiring |
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Seller Reference Number: bm1920648398
BusinessMart.com Listing Number: 251249 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Peter Vadas
MBA Business Brokerage, Inc.
Broker License #200100852
440-885-0139
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