Dry cleaner in a resort town

Note: The sale of the property is postponed until mid-2020

Description

The dry cleaner is located in the center of a resort town in central Germany. Only the business is for sale; the premises are leased on a long-term basis. Upon purchasing the business, the lease agreement for the premises will be transferred to the buyer. The dry cleaner is situated on the ground floor of the building and occupies an area of 110 m². The upper two floors have the same area and can be used for residential purposes if desired. Currently, they are partially used as storage space. The ground floor houses all the necessary equipment for dry cleaning, washing, and ironing. The primary clients of the business are private individuals. In addition, the dry cleaner serves small businesses, such as pharmacies and private medical offices. The entire business is run by the owner's family and five assistants. After the sale, if the buyer desires, all staff members are willing to continue working with the new owner, and the seller is ready to work as a manager for an extended period to assist the new owner. This business is well-suited for a buyer who has the ability and desire to manage the enterprise independently or with the help of their family. In this case, the annual profit after all expenses could amount to approximately €70,000 – €80,000. The sale of the business is planned due to the owner's retirement age and the lack of a successor in the family. The buyer and their family members have the opportunity to obtain a residence permit in Germany.