Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$110,000 USD USA Dollars
Business for Sale Industry:	Services: Dry Cleaning & Laundry
Reason for Selling:	Health reason of owners.
Year Established:	1997
# of Employees:	2ft, 4pt
Yearly Revenues:	$210,000
Yearly Cash Flow:	$35,000
Yearly EBITDA:	$25,000
Total Debt:	$79,000

Business for Sale Overview:

Dry cleaning and shirt laundry business. Financing assistance by owner, make offer. The property is leased. Owner willing to train and assist new owner. This is an established business, not a franchise. Selling due to health reasons. Delivery service is 2 years old.

Property Features and Assets:

The business is located on a busy street with good traffic. The building is 10 years old, rented for the business. The equipment is well maintained. Purchased new 10 years ago, $400,000 at purchase.

Market Competition and Expansion:

The dry cleaning business is a necessary service for professional people. More business are requiring business wear at work. The future growth is for increasing the home pickup and delivery service and promotion of the business with advertising.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is 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.