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Business For Sale

Industrial Laundry Leasing and Dry Cleaning

Not Disclosed, MT

Services: Dry Cleaning & Laundry

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$550,000
$880,000
$250,000
$250,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
16
327727637

Business Overview:

Long established in Eastern Montana, the company is not only a traditional dry cleaning business, but receives its income from several revenue streams: The company leases, cleans and maintains flame resistant clothing to industrial businesses, oil field companies and oil service companies and other businesses needing flame resistant clothing. The company has many leasing contracts (usually two-three years in length) to provide, clean and maintain clothing. The company’s vehicles run regular routes to distribute clothing and to pick up clothing needing to be cleaned. The company also performs minor repairs to clothing when necessary. The company also sells flame resistant clothing to customers wishing to purchase the clothing instead of leasing it. The company is the only dry cleaning business in the town and performs traditional dry cleaners services. Additionally, the Company has a regular route to pick up, clean and deliver bar towels, entry rugs, shop towels, etc. to all sorts of businesses, including restaurants, bars, retail shops and industrial businesses. Included in the sale are the following: 1.Building, land and improvements 2.Business vehicles, furniture, fixtures and equipment 3.Business trade name 4.Customer and Vendor Contracts and Leases, including leases/contracts for flame resistant clothing 5.Business good will and covenant not to compete 6.Copies of all customer and vendor lists and records 7.Office supplies 8.Current telephone listing and number Complete information is available regarding this business opportunity. Buyer to register and agree to a non-disclosure statement.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business operates in a 6,000 square feet building on a corner lot one block from a main arterial street in with the real estate consisting of the following: 1) Large commercial area for cleaning/repairing clothes 2) Building sits on a 7,000 square feet corner lot, with an adjacent 7,000 square feet lot paved for parking and access. 3) Customer reception area 4) Small office.

Market Competition and Expansion:

Little local competition, some national competitors, business is attracting all the business owner desires as of right now. Owner states there are several ways to grow the business and will discuss these opportunities with new buyer.

Reason for Selling:

Owner would like to slow down

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.