Business For Sale

“Green” Dry Cleaning Business

Steamboat Springs, CO
Routt County

Asking Price: Annual Revenue:
$185,000 $237,000

Services: Dry Cleaning & Laundry

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RE: “Green” Dry Cleaning Business Broker: Steve Hitchcock

Quick Facts

Asking Price: $185,000
Annual Revenue: $237,000
Net Profit: Not Disclosed
Cash Flow: $92,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 476513411
Broker Reference #: 201818

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Business Overview:

Purchase this profitable business for far less than it would cost to start from scratch! What sets this business apart is the combination of a convenient mid-valley location with good parking for quick in/out customer access and substantial and recent equipment investment. This business uses the latest green technology in dry cleaning.

Repeat business is the core of success. Once a customer is acquired, the business has been very successful in benefitting from the repeat nature of the business. Customers that use cleaning services tend to use them at least monthly if not weekly.

In recent years the business has added upgraded equipment including a $50,000+ investment in October of 2017. The business has been owned by an absentee owner and would benefit from an owner on-site. Marketing and advertising expenditures have been at zero for the last year. This is a great opportunity for a buyer who wants to enter a business that already makes money, has a solid history and opportunities for increased success with an investment in marketing and an owner on site all for less than it would cost to start from scratch.

Owning offers the buyer a chance to participate in the Steamboat business community, earn a living working with a business category that has regular customers and enjoy the success of a healthy and profitable small business.

Seller is responsible for book-keeping and equipment maintenance. From opening 10 years ago until today the seller has not worked regularly in the business. It is anticipated that a buyer would assume full time owner involvement and that the wages paid to others would be reduced as a result. The recast of the financial results reflects this assumption.

Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the means to complete a transaction of this size before additional confidential information will be disclosed.

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Property Features and Assets:

Leased. Lease assignment to buyer to be accepted by Landlord as part of purchase conditions.

Market Competition and Expansion:

Competition: There are other suppliers of dry cleaning services in this market. Growth and Expansion: In particular, additional marketing to acquire new customers and a pick and delivery service would help to grow the business.

Reason for Selling:

Unrelated business commitments.

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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