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69455-MA Dry Cleaning Drop Off Location for Sale in Virginia Beach

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Virginia Beach, Virginia (Virginia Beach city Co.)   |  Businesses for Sale Between $50k and $100k

Asking Price:
$75,000

Gross Revenue:
$165,000
Cash Flow:
$20,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$30,000
included in asking price

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Business Description

It is a premier dry cleaning service provider, offering professional and industrial quality laundry and dry cleaning services at exceptional price.
It is a very well established drop dry cleaning and alteration business located in a busy shopping center in VA Beach.

About the Business

Year Established:
2011
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
2,300
Facilities:
This business location has been in operation since 2011 in a great strip mall location in VA Beach. The business operates out of approximately 2,300 Sq ft with monthly rent of $4,990.
Market Outlook/
Competition:
The location is great for this business and has been responsible for the annual increases in sales since the business opened in 2011.
The business has a great reputation with a strong repeat customer base.
Growth & Expansion:
There is a plenty of room to grow this business by creating a website , participating in online and print advertising, and for an owner operator to increase profits by working in the business. Contracting with a local plant will further increase profits as the current plant is located on the middle peninsula.
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About the Sale

Reason For Selling:
consolidating businesses
Training/Support:
3 weeks

Listing Info

ID:
1335909
Ad Detail Views:
88

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Business Listed by

Transworld Business Advisors CEO, Rupesh Bharad

Transworld Business Advisors of Richmond VA

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U.S. Census Data for Virginia Beach city County, VA
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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