Dry Cleaner For Sale with Seller Financing

Not Disclosed, AL
Cullman County

Asking Price: Annual Revenue:
$199,000 $193,965

Services: Dry Cleaning & Laundry

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RE: Dry Cleaner For Sale with Seller Financing Broker: Philip Webb

Quick Facts

Asking Price: $199,000
Annual Revenue: $193,965
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 7
BBN Listing #: 235858883
Broker Reference #: 86715-986180

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Business Overview:

90+ year old dry cleaner for sale. The business was established in the early 1930’s and has been at its current location since inception. The cleaners provide mainly Dry Cleaning, Wet Cleaning, Rug Cleaning, Press-Only services, Window/Drapery Cleaning, Shoes, Purses, Belts, Wedding Gown Preservation, and Tablecloths. It has consistently won best dry cleaner for the last 22 years while it is located near a very accessible main highway with high visibility for its store front location.

Equipment for the new buyer is in good condition, as the seller upgraded several of their machines over the last couple of years. The company has had repeat customers for over 20+ years. Seller is willing to seller finance a portion of the total price based on the buyer and subject to final approval!

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Property Features and Assets:

Monthly Rent: $3,000.00 Lease Expiration Date: December 30, 2023, 10:00:00 PM

Market Competition and Expansion:

There is a dry cleaner in the area, however seller's location has better visibility while achieving more repeat business. Reduce the current head count of employees, which would improve current profitability. Also, marketing to more businesses in the area would help achieve more growth in sales.

Reason for Selling:

Focus on other owned business.

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.

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