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29332921
29332922

17 Grove Avenue, East Providence, RI 02914

JB
MA MA, 9580840
Real Broker MA LLC
Listed by Real Broker MA LLC
$500,000
159 days on market
Updated 54 days ago

Highly Profitable Dry Cleaning Business

Details
Property Type Retail, Mixed Use (+1)
Sub Type Storefront, Business Only
Square Footage 2,000
Net Rentable (SqFt) 2,000
Units 20
Cap Rate 36.00%
Tenancy Multi
Lease Type NNN
Remaining Term 1
Price per SqFt $250
Class B
Year Built 1994
Lot Size (SqFt) 10,000
Zoning retail
Ground Lease No
Sale Condition N/A

Highly profitable dry cleaning operation featuring brand-new, state-of-the-art equipment, del routes

Marketing description

EQUIPMENT: -Forenta HotHead Press w/ hand iron (JUNE 2025) -2 Head Cissell Puffer -Forenta Utility Press w/ Hand Iron -Ajax Utility Press w/ Hand Iron -Cindy Lou Sleeve Finisher -Forenta BP22 Pants Topper -Forenta Legger -Single Head Puff Iron (2022) -Pong Spotting Board (2023) -Dry Cleaning Machine - Real Star KM503 Hydocarbon (April 2022) -Safari Water Evaporator (New March 2025) -Kaeser SX7 Compressor -Kaeser TA11 Air Dryer -Forenta Folding Machine -Shirt Machines: Sankosa LP-5600 Single Buck Shirt Unit (May 2024) Samkosa LP-69000-V3 Collar/Cuff Unit (May 2024) -Wascomat EX655C Soft Mout Waster -Maytag Commercial Front Load Waster -Electric Dryer -Rema RP8 Vacuum w/ Stainless Steel Tank -Chandler Bottom Machine -2 Railex Assembly Wheels - 100 pcs -Fulton Vertical Tubeless Boiler (APRIL 2022) -Futon Return Tank (APRIL 2022) -Rheen Rudd 76 gallon Hot Water Heater -2 station Multi User POS System -9 Camera DUR Remote Assess Surveillance System -24 Hour Security System, EQUIPMENT CONTINUED: -(3x) 2012 Ford Transit Connect XLT (Purchased 2023) -2013 Ford Transit Connect XLT (Purchased March 2025) -Major overhaul of all equipment (June 2025)

Investment highlights

NEWER EQUIPMENT (No PERC)

PROFITABLE, LONG-ESTABLISHED, TURNKEY OPERATION, HIGH VOLUME DRY CLEANING BUSINESS FOR SALE Offered at: $500,000

Why this Business Stands Out; Total Profit: $220,625.00 FINANCIAL STRENGTH 2024

HIGHLIGHTS High-Income Clients. White-Glove Service. Zero Slow Seasons. This isn’t your average dry cleaner. This is Southern New England premium, home-delivery dry-cleaning service for executives, doctors, lawyers, and busy families who refuse to waste time.

Weekly Pickups. Weekly Deliveries. Weekly Revenue. They rely on this service every week , and they're willing to pay extra for the privilege.

Why? Because this business does what almost no one else does: Picks up clothing from the client’s home on a precise weekly schedule Cleans and presses everything to premium standards Delivers it back to their door, freshly finished and ready to wear Charges a premium for the convenience and with free delivery included.

No PERC!!! Newer machines with equipment only 3 years old.

Delivery vehicles included

Listing Contacts

JB
MA MA, 9580840
Real Broker MA LLC
Listed by Real Broker MA LLC

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Zoning

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Last updated Jun 5, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jacob Belt
License
0048439
Brokerage
REAL Brokerage
Title
Broker of Record
Brokerage Address
843 Reservoir Ave, Cranston RI
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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