Dry Cleaning Business with Plant and 1 Drop off location in North. VA

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Business Description

20 Year old Dry Cleaning business with Main Plant Location in Prince William Co. with Store Front, and One additional Drop Off location in Stafford, VA. Business also takes in work from 4 other Independent Drop Off Locations. Current seller needs to sell to have more free time to spend with Young family, but would be willing to remain with the business as a Part Time Employee. Great opportunity with plenty of Growth potential. Coupled with a separate Drop Off Location we currently have listed for sale in Manassas would instantly increase the business revenues, and cash flow.

About the Business

Year Established:
1996
Number of Employees:
5 FT
Real Estate:
Leased
Building Sq. Ft.:
2,000
Lease Amount/Mo.:
$15.42
Lease Expiration:
12/31/2021
Facilities:
There are 2 locations, one with the Plant Equipment, and one as an additional drop off location. Plant location is 2,000 Square Feet with total current rent of $2,571 per month, and a lease term till 2021. The drop off location in Stafford, and is 1,600 Square Feet, with total current rent of $2,000 per month, and a 5 year lease term.
Market Outlook/
Competition:
Standard Dry Cleaning competition in the area.
Growth & Expansion:
Adding additional Drop Off locations, including a separate location we currently have listed for sale, along with doing more Marketing and Advertising.
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About the Sale

Reason For Selling:
Personal Reasons
Training/Support:
Seller will give 2 - 4 weeks of Training/Transition after closing, and would be willing to remain as an employee part time.
Seller Financing:
Negotiable

Listing Info

ID:
1327063
Ad Detail Views:
877
Asking Price:
$225,000

Gross Revenue:
$250,000
Cash Flow:
$80,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$100,001
included in asking price

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Business Listed by

Gary Steven Russell

G. S. Russell Business Brokers and Advis

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U.S. Census Data for Prince William County, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Prince William County, VA
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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