Profitable, Automated Green Dry Cleaner & RE

Colorado Springs, CO
El Paso County

South-Eastern area near the upscale Broadmoor

Asking Price: Annual Revenue:
$1,500,000 $1,070,000

Services: Dry Cleaning & Laundry

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RE: Profitable, Automated Green Dry Cleaner & RE Broker: Seller of Business

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,070,000
Net Profit: Not Disclosed
Cash Flow: $230,000
Total Debt: Not Disclosed
FF&E: $362,000
Real Estate: $650,000
Year Established: Original owner: 1984
Employees: 14
BBN Listing #: 191463370
Broker Reference #: Not Disclosed

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Business Overview:

Large profitable dry cleaner and laundry with real estate; established in 2005; utilizing the latest green technology in conjunction with extensive labor saving automated order processing, assembly and bagging system; comprised of two locations, route services and multiple large commercial accounts. Long term, well trained independent staff.
The business is priced at 85% of 2019 revenue and/or x1 of COVID bounce back 2021 revenue, plus current value of the real estate.
Approximate number of customers: 8,000 active 2021 customers

Once an NDA and purchaser qualification documents are in place I will forward a confidential Offering Summary with further details about this opportunity!

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Property Features and Assets:

The main plant and store is a stand-alone concrete block building of about 3,680 sq. ft. of space with a covered drive-thru and new pvc roof (2019) on .31 acres which is included in the purchase price. • Estimated FF&E Value: $283,566 • Estimated Spare Parts Value: $33,718 (higher levels of stock due to recent sourcing issues) • Estimated Inventory Value: $20,297 • Estimated Real Estate: $650,000 And a leased drop store of about 1,400 sq. ft.

Market Competition and Expansion:

Have set up the business processes with the intent of expanding into compatible co-supportive services.

Reason for Selling:

Retiring / Moving

Additional Details:

  • The property is owned.
  • 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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