33 Year Old Dry Cleaner for Sale

Not Disclosed, AL
Madison County


Asking Price: Annual Revenue:
$630,000 $853,000

Services: Dry Cleaning & Laundry


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RE: 33 Year Old Dry Cleaner for Sale Broker: Philip Webb
Owner Financing is Available!

Quick Facts

Asking Price: $630,000
Annual Revenue: $853,000
Net Profit: Not Disclosed
Cash Flow: $233,411
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 23
BBN Listing #: 165558883
Broker Reference #: 86715-315549

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Business Overview:

Established in 1975 and then purchased in 1988 by seller. The company has one plant location and 2 drop off store locations. Equipment in the plant is in good condition and has proper maintenance documentation. Owner owns the real estate at the plant location while the other two locations are leased to two different real estate owners. Both leases can be negotiated for the potential buyer.

The company employs 23 total employees consisting of 13 part time and 10 full time, which includes the current owner and his manager. Revenues during and after COVID continue to be stable and trending much higher year over year.

Plant location is owner occupied property, the two drop store locations have leases associated with their locations and can be negotiated with new potential buyer.

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Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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