Profitable Dry Cleaner - Plant and Drop Ship Loc.

Not Disclosed, IN
Hamilton County


Asking Price: Annual Revenue:
$285,000 $438,160

Services: Dry Cleaning & Laundry


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RE: Profitable Dry Cleaner - Plant and Drop Ship Loc. Broker: Nathan Hughes

Quick Facts

Asking Price: $285,000
Annual Revenue: $438,160
Net Profit: Not Disclosed
Cash Flow: $62,078
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 7
BBN Listing #: 412341635
Broker Reference #: 3953-655098

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Business Overview:

Family owned and operated Dry Cleaner in a high traffic area. Cleaner has two locations and offers dry cleaning, shirt laundry, alterations, fluff and fold laundry, VIP service to 6 local hotels, and leather care. Company is a well known dry cleaning provider in the area with a very good web presence.

Revenue has nearly doubled from 2015 to 2018 growing by 82%. Adjusted earnings have also shown significant growth going from a loss in 2015 of $32,000 to a profit of $62,000 in 2018. Along with the business comes a high quality line of equipment valued at $200,000 - $250,000. Drop location of the business drives 35% of total revenue while the main location is in a highly trafficked area of over a half a million drivers per day.

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Reason for Selling:

Relocating

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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