Business For Sale

Established & Highly Profitable Dry Cleaning Se...

Indianapolis, IN


Asking Price: Annual Revenue:
$240,000 $209,952

Services: Dry Cleaning & Laundry


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RE: Established & Highly Profitable Dry Cleaning Se... Broker: Gary Rapp
Owner Financing is Available!

Quick Facts

Asking Price: $240,000
Annual Revenue: $209,952
Net Profit: Not Disclosed
Cash Flow: $96,679
Total Debt: Not Disclosed
FF&E: $96,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 1
BBN Listing #: 777553586
Broker Reference #: INDIAIN001-N1742

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Business Overview:

This is your opportunity to own and operate an established and highly profitable dry cleaning business in a growing Indianapolis suburb. This is a plant location with full service dry cleaning and laundry on premise that includes an industry leading Columbia hydrocarbon dry cleaning machine, press machines, an industrial washer and dryer, etc. You will not find a dry cleaning business with a better history of quality work, great customer service, and a very loyal clientele. The current owner has been operating this location for the past 17 years and has one full time, hardworking, loyal employee who strives to please each customer that walks through the door. As part of a retail corridor that stretches to the interstate, this dry cleaning business has an easy-to-access location in a fast developing area. It is in a strip center anchored by businesses that draw in customers. The center sits on the corner of a major thru-fare and local artery that has an approximate combined traffic count of 33,675. Surrounding this corridor are many homes, apartments, and businesses. The population within one mile is about 8,818 increasing to about 151,436. This creates a large pool of potential customers! The facility is approximately 1,450 square feet with rent of $2,817 including CAM charges. The lease expires September 2021. There is 1 option to renew for 5 years per. Growth and expansion could be HUGE as the business currently operates at about 33% of its capacity. With growing communities nearby, a new owner could add pick-up and/or store front locations. A new owner could also implement a marketing campaign to gain new customers. This dry cleaning business is ideal for an owner/operator with the vision and motivation to keep the business growing!

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Reason for Selling:

Retirement

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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