Dry Cleaner with RE included valued at $425K

Not Disclosed, AR
Benton County

Benton County


Asking Price: Annual Revenue:
$550,000 $352,543

Services: Dry Cleaning & Laundry


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RE: Dry Cleaner with RE included valued at $425K Broker: Brian O'Connell

Quick Facts

Asking Price: $550,000
Annual Revenue: $352,543
Net Profit: Not Disclosed
Cash Flow: $45,823
Total Debt: Not Disclosed
FF&E: $55,400
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 690641469
Broker Reference #: 0366-257433

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Business Overview:

The business is a long-standing community dry cleaner with two locations. One location is owned with a 4000 SF plant and .5 acres. The other location is a drop-off location that is leased. The owner is the founder and has raised his family doing this. It's now time to retire and pass this opportunity to the next owner. The real estate expense is already figured into the SDE shown.
This business has served the community for decades and has a wealth of goodwill behind the name.
The business has an existing contract with opportunities to gain more. The current owner has not pursued those opportunities while winding down for retirement but they are ripe for a new owner.

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Reason for Selling:

retirement

Additional Details:

  • The property is leased.
  • The owner is not 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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