Dry Cleaners Business For Sale in Northeast LA

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Asking Price:
$175,000

Gross Revenue:
$300,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$55,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Sunbelt Business Brokers of Northeast Louisiana presents this young dry cleaning business with new ownership that has the business growing at a very good pace. The new ownership acquired the business with the intention of making it a permanent part of their existing operation as branch locations. Since then, they have an additional opportunity and have elected to sell this part of their business.
One of the locations previously was the plant site for the business; the location still has the like new equipment and is in operating condition. The boiler has been condemned by the State of Louisiana, the owner has a bid of $14,000 to have the boiler replaced.
The plant location is 2450 square feet, has seventeen months left on the lease, and the lease can be renewed. The pickup location is 880 square feet and the lease is renewable. Both locations are in high traffic locations.
The business has a contract with a uniform company which nicely supplements the income. Also, there is a pickup van, which is included in the sale, that is used to serve a growing home delivery base.
The business is expected to gross at least $300,000 this year. This could easily double or more in the next twelve to eighteen months due to anticipated growth.

About the Business

Location:
Louisiana
Year Established:
2016
Number of Employees:
5FT
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About the Sale

Reason For Selling:
Other interetsts
Training/Support:
Available

Listing Info

ID:
1645034
Ad Detail Views:
0

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Business Listed by

Ray Jennings

Sunbelt Business Brokers
License# SALE.0995695796-ACT

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Sponsoring Broker:

Darren Williams
Sunbelt Business Brokers


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