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- RE: Multi-Location Dry Cleaning Business For Sale
- Contact: Rey Gonzales
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | $655,165 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $52,584 | |
Total Debt: | Not Disclosed | |
FF&E: | $300,000 | |
Real Estate: | $300,000 | |
Year Established: | 1991 | |
Employees: | 16 | |
BBN Listing #: | 936094 | |
Broker Reference #: | 5401-18112 |
Business Overview:
Over the last three decades, this business has established itself as a leader in the dry cleaning industry. With multiple locations, the business offers quality services and convenience. Offered as a turn-key business, this is a great opportunity for a new owner to acquire an established business with good growth potential. There is real estate available, and included in the asking price.
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Property Features and Assets:
The business has multiple locations, each storefront has good traffic, visibility, and parking. The term on each lease varies, some contain extension options, the others have motivated landlords.
Assets = $600,000
Market Competition and Expansion:
Competition does exist, but this business has a done a great job of building a quality and loyal customer base over three decades.
Due to personal reasons, the business hasn't been optimized the last couple of years, so potential for added growth and profitability definitely exists for a new, motivated buyer.
Reason for Selling:
Seller looking to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Dakota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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