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2-in-1 Business Dry Cleaners and Party Supplies
North Bay, Ontario
Asking price $: 350,000
Sales Revenue $: 200,000        Cash Flow $: 50,000
Business Description

Buy yourself a 2-in-1 business within the North Bay Ontario area. The asking price will give you the two businesses and you will also own the entire building. The two businesses are: a 40+ year old dry cleaning establishment and a retail store that specializes in party supplies. The businesses usually share customers and work to support and balance each other. They use the same entrance and so will be operated by the same employees.

The dry cleaning business comes fully equipped with new upgraded machines that are in very good condition. The equipments are environmentally friendly and include the dry cleaning unit, the boiler, the pressing unit, a sewing machine, and washers among others.

The business is ready for operation as soon as it is purchased. It already has knowledgeable staff members that have been with the stores for many years and plan to continue providing their services to the business and its valued customers. On average the dry cleaner earns C$140,000 per annum and the party supplies shop sees C$130,000 revenue per annum.

The business sees steady and continuous sales and there are hardly any other businesses in the area to compete with. The town has a large number of prospective customers, having a population of over 65,000 people. There is only one other dry cleaner in the town and only one other party supplies store that provides for the population. This means that there isnít much to worry about where competition is concerned.

The business has also built strong relationships with many establishments in the area who rely on the store for their party supplies and dry cleaning needs. These include quite a number of depots and also hotels and fire stations.

This is the perfect business to be owned and operated by a couple or immigrants looking to start earning a living. This will be a very profitable investment that will see you earning money as soon as you start.

Detailed Information
Location
The business is located in North Bay Ontario on a 1500 square feet property. The business is very close to stores within the area that pull a lot of traffic and consumers including several tire shops and restaurants such as a McDonalds. This will help to bring in many new customers.
 
What you get with the purchase
You will fully own the building after this purchase which will mean that you donít have to pay any rent. You will also get amenities such as a fully functional heater, a security alarm system, a very visible sign outside the building and a telephone system with the current business number.
 
Competition
There is just one other dry cleaning business and one party shop in the area. This means that there is very little competition. The business also has secured great client relationships that allow it to stand out from the other businesses.
 
Operations
The business currently has four employees, 2 full-time and 2 part-time. The business usually runs from Monday to Saturday and is closed on Sundays. It runs from 8:00am to 5:30pm during the week and from 9:00am to 4:00pm on Saturdays.
 
Business Category: Clothing , Store/Shop

Business For Sale Marketplace In Ontario

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