Established Dropoff Dry Cleaning & Alterations Business-Prime Location - Business for Sale

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Dry Cleaning and Alterations Business in Providence, RI

Providence, RI, US
Added 26 days ago
Dry Cleaning & Alterations
31 years in business
Retiring Owner

This business is a dry cleaning and alterations service with on-site tailoring, operating for nearly 30 years in Providence, Rhode Island's East Side neighborhood near Brown University and Miriam Hospital.

Key Information

Asking

$475K

Revenue

$425K

Earnings

$165K

Multiple

2.9x

Key Highlights

  • Business established in 1995 (31 years in operation)
  • Three full-time employees
  • FF&E valued at $30,000 and inventory worth $30,000 included in sale
  • Monthly lease: $2,500
  • Located in Providence, RI, East Side neighborhood near Brown University and Miriam Hospital
  • Owner is retiring after nearly three decades

Contact Info

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