Successful Dry Cleaners with Routes and Real Es...

South, LA

Asking Price: Annual Revenue:
$1,350,000 $1,100,000

Services: Dry Cleaning & Laundry

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RE: Successful Dry Cleaners with Routes and Real Es... Broker: Darren Williams

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1956
Employees: 16
BBN Listing #: 223749806
Broker Reference #: BATONLA001-N2976

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Business Overview:

Sunbelt Business Brokers of Central and North Louisiana presents the rare opportunity to purchase a long standing dry cleaning business with multiple locations that has well established routes and real estate. This business is non-franchised and is successfully marketed under several trade names in the region. The dry cleaners have a total of four locations including a high-volume plant that operates in a 5,600-square foot building. This real estate in which the plant is located is included in the asking price. Approximately 1,200 square feet of the space is not currently being utilized by the business and could easily be rented for additional revenue. The other three locations have reasonable leases and all of the locations have strong visibility with high traffic in great neighborhoods. This business is known in the region for providing high quality cleaning on upper end products instead of being the low-cost leader which accentuates their profit margins. The current owner is operating the business semi-absentee as he has a total of sixteen well-qualified and tenured employees. The current owner states that he does have some employees with management potential. A new owner will also enjoy the comfort of knowing that almost all of the dry cleaning equipment is less than five years old. The $200k of equipment includes 3 Vans that operate a smooth-running route service that provides a valued convenience to loyal customers. Other significant revenues are from large local corporate accounts and they also perform dry cleaning services for another local business that are simply provides drop off locations. All four locations have a point-of-sale system and security system in place that can be monitored remotely. The seller is willing to provide a reasonable training period to ensure the continued success of a business that has been operating for more than 60 years! Additionally, he would even provide some seller financing to the right buyer with a sufficient down payment. He is only selling as he is in the process of relocating his family out of the area. Come see this great business opportunity, meet the owner, make offer! Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract agent directly for more information.

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Reason for Selling:

Owner Relocating

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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