Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$391,500 USD USA Dollars
Business for Sale Industry:	Services: Dry Cleaning & Laundry
Reason for Selling:	Pursue other family interests.
Year Established:	2000
# of Employees:	14
Yearly Revenues:	$689,316
Yearly Cash Flow:	$133,802

Business for Sale Overview:

This well run multi-location dry cleaner/laundry with a high capacity plant services three towns, one large wholesale customer and one large corporate client with pickup and delivery. They also offer residential pickup and delivery, shoe repair and alterations. Advantages include: Knowledgeable employees, one main plant, name recognition and one disadvantage: no drive through windows. July and August are typically somewhat slower months. This business is the perfect acquisition for a current dry cleaner to grow market share and take advantage of synergies. It is also perfect for an individual since the business is a profitable operating entity. This listing is available for co-brokerage. This business is SBA pre-qualified for the right buyer.

Property Features and Assets:

This business has two stand alone retail outlets in separate towns. Both are in strip malls, one is anchored by a large grocery store. One is 990 sq. ft. and the other is 2,000 sq. ft. The third location that serves as the system plant and a retail location. The plant could easily handle double the thru-put. All facilities are attractive and well maintained.

Market Competition and Expansion:

This firm has little competition in two of the towns and none in the third. The plant could easily handle additional business from additional retail outlets, additional wholesale accounts or corporate drop-off business.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.