Established Dry Cleaning & Laundry Business
Not Disclosed, ID Ada County
Treasure Valley
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- RE: Established Dry Cleaning & Laundry Business
- Contact: Philip Denton
Quick Facts
| Asking Price: | $2,200,000 | |
| Annual Revenue: | $1,456,664 | |
| Net Profit: | $476,097 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $360,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1979 | |
| Employees: | 25 | |
| BBN Listing #: | 1019172 | |
| Broker Reference #: | 229-25966 |
Business Overview:
Founded in 1979, this independent dry cleaning and laundry business offers more than 45 years of operating history, three store locations, and a full management team in place. This is a non-franchise operation, giving a new owner flexibility over business decisions, branding, and future growth.
The business provides a broad range of garment care services, including dry cleaning, laundry, alterations, wedding gown cleaning and preservation, specialty textile cleaning and much more. Pickup and delivery services add convenience for customers.
Significant expenditures for equipment maintenance and repairs have already been completed. The business operates in a market with limited competition, with existing competitors primarily consisting of franchise operators.
Expansion discussions are already underway through a relationship that could lead to two additional store locations, providing a potential path for growth. Plus, a wholesale partnership that will increase revenue by approx. $300-350k a year that just started!
The owner is selling due to health reasons and will provide training and transition support to help the new owner learn the business and assume operations. For additional information please contact listing agent Mark Cardoza.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This is a multi-location business with different leased locations. Seller is active with 11 FT and 13 PT employees and 1 independent contractor. Hours of operation are Mon-Thur 8-5, Fri 8-7, Sat 9-2, and closed on Sundays. $5,500 in inventory and $360,000 in FF&E included in the asking price.Â
Reason for Selling:
Health Issues. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Idaho businesses for sale
- View more Businesses For Sale in the same industry
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