FULL SERVICE DRY CLEANER

MLS #883-90409

LISTING DETAILS

PRICE:  $ 259,000
REVENUE:  $ 165,551
CASH FLOW:  $ 77,764
EBITDA:  $ 40,764

Confidentiality is essential. Completion of Non-Disclosure Agreement and Buyer’s Worksheet are required for more detailed information.

Business Overview

Dry-cleaning services company. Entirely equipped for all in-house cleaning. Training included. The owner learned the business from the original owner. The equipment is a bit old, but in full working condition and well-maintained. Robust and loyal customer base.

They handle both personal as well as commercial accounts. They have an excellent reputation, and they’ve been in the industry for several decades. This company provides a full range of on-site dry-cleaning services. Services include:

  • dry cleaning
  • laundering and pressing
  • wash and fold
  • comforter and duvet cover specialty
  • same-day service
  • wedding dress cleaning
  • wedding dress preservation
  • button replacement
  • repairs and alterations

They stand out from their competition in several ways. They are in a very dense neighborhood which allows for a lot of extra customers and plenty of traffic. Since they are a full-service on-premises dry-cleaning company, they can turn urgent customer requests into same-day performance.

Property Features & Assets

You get a great location with strong visibility and ample parking. Lease terms can be negotiated to fit your specific needs. The owner will connect you with the Landlord before taking over the business.

Market Competition & Expansion

There are probably several different ways to grow the business. The current owner does no marketing. They do have an excellent website.
  • One way to grow sales would be to extend hours and/or to open Sundays – although it is nice to run this business with just a few hours on Saturdays and not work on Sundays.
  • Another way to grow sales and profits is to bring in extra labor and provide additional services. Pick-up and delivery are very popular but have not been utilized in this business.

Reason for Selling 

The owner is ready to retire and find another excellent individual or couple to take over the business and take it to a whole new level. This business has been a cash machine for the owner. This company has generated an ample amount of money to put his kids through college and to secure a home and retirement funds needed by the owner. Time to find the next new right and qualified individual to take over the business.

Confidentiality is essential. Completion of Non-Disclosure Agreement and Buyer’s Worksheet are required for more detailed information.

 Call Brian with any questions at 833-Buy-Biz1 (833-289-2491) or email us at Biz@BuyBizUSA.com to request details.
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