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Quick Facts
Asking Price: | $645,000 | |
Annual Revenue: | $983,748 | |
Net Profit: | $108 | |
Cash Flow: | $108,832 | |
Total Debt: | Not Disclosed | |
FF&E: | 250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 22 | |
BBN Listing #: | 674363504 | |
Broker Reference #: | DBI-1003 |
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Business Overview:
Incredible opportunity to purchase well established, profitable dry cleaning business. The operation includes a fully operational plant and 3 drop off/pick up stores. All stores are located in high traffic well maintained strip centers with other successful retail & dining establishments in densely concentrated residential neighborhoods in the high growth areas around the Alliance Airport. Same owner for over 30 years with long term, dedicated, well trained employees. Business is well known for excellent quality, exceptional service and has a loyal, repeat customer base. Not operated as a “discount” operation and rarely accepts coupons. Business also has a well trained staff in place most of whom have been with the operation for a long time.
Seller will provide on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of the training and sign a no competition agreement.
For qualified parties, the real property where the plant is located is also for sale. Please inquire with broker.
EXTREMELY MOTIVATED SITUATION!! Seller has been involved in the dry cleaning business industry for over 35 years and is ready to do begin semi-retirement and do something else a bit less demanding of his time. PRICED TO SELL QUICKLY!! MAKE ALL REASONABLE OFFERS! Financing has already been arranged with 3rd party lenders and is available to qualified applicants.
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Property Features and Assets:
Refer to forthcoming business summary after signed NDA is received by broker.
Market Competition and Expansion:
Normal competitive environment in the industry. Dry cleaning pant has the capacity to add 2-3 more high volume drop off-pick up stations.
Reason for Selling:
Retiring
Additional Details:
Relevant Links:
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