Launderer and Dry-Cleaning Business and Plant

West Metro, MN
Wright County


Asking Price: Annual Revenue:
$499,000 $649,800

Services: Dry Cleaning & Laundry


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RE: Launderer and Dry-Cleaning Business and Plant Broker: Mac Thelen
Owner Financing is Available!

Quick Facts

Asking Price: $499,000
Annual Revenue: $649,800
Net Profit: $252,000
Cash Flow: $252,000
Total Debt: Not Disclosed
FF&E: $867,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 439740231
Broker Reference #: 8097mt

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Business Overview:

This listing is a Dry-Cleaner and Launderer located 25 minutes west of the Minneapolis/St. Paul Metro. The business has been established since the 50’s, has evolved with industry trends and continually updated the fully equipped dry-cleaning and laundry plant. A large portion of Company revenues are from 6 established dry-cleaning and laundry pick-up and delivery routes with a very loyal client base. Drivers are paid on route profitability so they are very motivated to provide excellent customer service as well as route growth. Another large portion of revenue is from approximately 46 commercial laundry accounts. This segment of the business can be exponentially grown from the current location through sales efforts and advertising. Current owners have not put very much money or resources into advertising and growth, but focused on maintaining current clientele and quality.

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Property Features and Assets:

Located 25 minutes west of the Greater Metro of Minneapolis/St Paul, the Company operates out of a leased 9,300 square foot facility. The plant can handle much more volume and has been continually updated. The owners will consider leasing premises or selling the Real Estate. The new cost of the plant equipment exceeds $850,000.00 per depreciation schedules. The owner will consider selling the Real Estate or granting a long term lease.

Market Competition and Expansion:

Business can be exponentially grown from the current location through sales efforts and advertising. Current owners have not put very much money or resources into advertising and growth, but focused on maintaining current clientele and quality.

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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