Successful Linen Dry Cleaning Business

Duluth, GA
Gwinnett County

Asking Price: Annual Revenue:
$320,000 $248,020

Services: Dry Cleaning & Laundry

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RE: Successful Linen Dry Cleaning Business Broker: Tim Dalton
License #: 206069

Quick Facts

Asking Price: $320,000
Annual Revenue: $248,020
Net Profit: Not Disclosed
Cash Flow: $97,194
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 5
BBN Listing #: 446848041
Broker Reference #: IBB1273

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Business Overview:

This five-star dry cleaning business provides outstanding linen and dry-cleaning services to the Gwinnett county community. They have successfully operated in this market for the last twenty years. Linen cleaning for banquet hall and party companies is the heart of their business as 90% of revenues come from linen cleaning services and 10% come from walk-in dry-cleaning customers. They have built solid relationships with their linen accounts, servicing them weekly for 20 years or more. This business is easily accessible, located close to the interstate and also offer the convenience of drive-thru service. They also provide pickup and delivery service for all linen accounts. This is an opportunity to take over a great business with established accounts that will always have a demand for their services. This business has been pre-approved for SBA financing.

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Property Features and Assets:

Located in 1,800 square feet leased space with drive thru. Cleaning plant located at business.

Reason for Selling:

Seller retiring

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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