HENRICO, Virginia
| Asking Price |
$450,000 |
Year Established |
|
|
| Annual Revenue |
$720,000 |
Reason for Selling |
Owner wishes to relocate |
|
| Annual P/L |
$185,000 |
Attention |
Gavin Raphael |
|
| Annual Cash Flow |
$0 |
Listing Number |
996706 |
|
| # of Employees |
10 |
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
Fantastic opportunity to own an existing, highly profitable dry cleaning company with both a plant and a pick-up/drop-off store located in a high traffic area of Richmond. It specializes in eco-friendly and organic cleaning solutions. They offer a range of services to help customers maintain a clean and healthy living environment. With a solid customer base, well-maintained equipment, and reliable staff in place, this is a rare chance to step into a well-run business with immediate cash flow and growth potential.
[Key Highlights]
• Includes a fully-equipped plant with a convenient pick-up location
• Established and reputable business with consistent sales
• High-visibility location
• Strong residential and commercial clientele
Property Features and Assets:
<p>The location is leased. There are six years left on the current lease. Rent is very reasonable at $2,650 per month.<br></p>
Market Competition and Expansion:
<p>The drycleaning industry is experiencing a period of change and consolidation, with a mix of both decline and growth depending on the specific market segment. While the number of establishments has decreased, the overall market value is still projected to grow, driven by factors like increased demand in specific sectors and the adoption of new technologies. </p><p> </p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity