Dry Cleaning/Commercial Laundry with Laundromat

Asking Price$775,000

Cash Flow
$117,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$350,000

Inventory$10,000
Not included in asking price
FF&E$80,000
Included in asking price
Real Estate$450,000
Included in asking price
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Dry Cleaning/Commercial Laundry with Laundromat


Asking Price$775,000

Cash Flow
$117,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$350,000

Inventory$10,000
Not included in asking price
FF&E$80,000
Included in asking price
Real Estate$450,000
Included in asking price
Business Description
This business provides exceptional quality dry cleaning and laundry services. Customers can drop off dry cleaning or laundry 7 days a week. An attendant is on staff at all times.

Walk-ins are welcome, and your laundry can be completed by as soon as the next few business days!

This business is great for people on the go. Your life is busy and they understand that. Get rid of a little stress in your day by letting them take care of all of your laundry needs. Or - there are many sizes of coin operated wash and drying machines that you can use yourself.
About the Business
Years in Operation
40
Number of Employees
5
Facilities & Assets
Good location and very well maintained. This is currently the only location that this business is operating.

The owners are open to selling just the business for $325,000 and renting the real estate to the new owner.
Market Outlook / Competition
The dry cleaning business has gone through consolidation over the last couple of years. This has resulted in less competition. Dry cleaning and commercial laundry businesses are not going away. People are always going to have items that can not be cleaned at home. Plus with the increased demand on our time, more and more people are opting into outsourcing their laundry duties.
Opportunities for Growth
The plant and equipment are not currently operating at 100% of capacity. A new owner could add additional drop off locations in and around its current location.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Transition Support
The current owner is available to assist and train the new owner. One can learn the basics of operating this business in a short period of time. The key to this business is customer service.
Listing Info
ID
2379067
Listing Views
576

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Business Listed by: Mark Drish FNBC Iowa

Listing ID: 2379067 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.