Chain of 6 Dry Cleaning Locations

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Business Description

In 1982 the founder of the original location of this dry cleaning business opened for business. He sold the business to its current owner in 2012. Once the new owner became comfortable with the dry cleaning industry, he began the process of cautious growth that has resulted in the establishment of 5 additional locations. He has added additional services that include laundry services, alterations, and shoe repairs. To provide more specialty services, the owner provides embroidery services, leather cleaning and repair, wedding dress cleaning and preservation, zipper replacement and repair, etc. One of the locations is on Davis Monthan Air Force Base. Obviously the customers are primarily military personnel who demand perfection regarding their uniforms. With 2 young preschool children plus the time it takes to manage a growing business, the owner has decided to sell to pursue a new business venture that will allow him more time with his family.

About the Business

Location:
Tucson, Arizona
Year Established:
1982
Number of Employees:
15
Facilities:
Dry cleaning services are available at the original location and at 1 other location both of which are in Tucson. There are also 2 other drop off locations in Tucson and 2 in the Green Valley area. The business has added additional equipment for its dry cleaning and laundry services. It has both perc and hydrocarbon machines for dry cleaning. The seller will provide a seriously interested prospective purchase a list of the equipment that will be included in a sale of the business. With regard to personnel there are 5 full-time and 10 part-time employees.
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About the Sale

Reason For Selling:
Preschool children require more time and attention.
Training/Support:
Seller will provide training and transitional support.
Seller Financing:
Cash flow above does not include personal perks and benefits.

Listing Info

ID:
1650724
Ad Detail Views:
573
Asking Price:
$435,000

Gross Revenue:
$743,299
Cash Flow:
$113,469
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Robert Lenhard

Hallmark Business Consultants, Inc.
License# BR006949000

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