PHOENIX, Arizona
| Asking Price |
$265,000 |
Year Established |
1995 |
|
| Annual Revenue |
$119,882 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Philip Handke |
|
| Annual Cash Flow |
$66,065 |
Listing Number |
1005003 |
|
| # of Employees |
|
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
Turnkey opportunity in a high-demand with significant untapped upside potential and seller financing available.
- Family-owned & operated for over 30 years in a desirable, high-traffic location
- Immediate opportunity to raise prices, add wash & fold and delivery services, extend operating hours
- Seller willing to finance up to $75,000 of the purchase price at 8.0% interest over 30 months ($2,766/mo)
- Seller currently works just 8-10 hours/week, primarily opening/closing, light cleaning, minor equipment repair
- Seller is retiring and is willing to train the buyer on operations
- Cosmetic upgrades completed in 2021 to refresh the interior
- Formal P&Ls are not available. Sales figures derived from cash deposits; SDE is calculated by deducting electric, water, gas, rent, insurance, and parts & supplies
- Transaction does not qualify for SBA financing; listing broker can refer buyers to non-SBA lenders for financing assistance
- Buyers must complete an NDA and buyer profile to receive additional information
- Buyers may request diligence items after submitting proof of funds and seller's acceptance of an offer
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity