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Established Dry Cleaner with Plant and Equipment

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Asking Price:
$225,000

Gross Revenue:
$338,784
Cash Flow:
$88,935
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$85,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Established Dry Cleaner with Plant and Equipment. Operating since 1998, this Dry Cleaner includes a drop off location at the main plant in addition to a second drop off location. Both locations are conveniently located on major thoroughfares in a primary city in Hampton Roads. The Main site includes tailoring and alteration services with laundry equipment in addition to all of the standard dry cleaning facilities. The main facility operates in 3000 square feet, including the plant operations, drop off, and alterations. The second drop off location is 1,600 square feet. The combined monthly lease cost is $5,445. The facilities are operated by the owner as Manager, 4 full time and 2 part time employees. For the right buyer the seller will consider some level of owner financing and as well provide training through a reasonable transition period.

About the Business

Year Established:
1998
Number of Employees:
5 FT/ 2 PT
Relocatable:
Yes
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Will train for 2 weeks @ no cost

Listing Info

ID:
1453624
Ad Detail Views:
15

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$
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Business Listed by

Russ Bieber

Murphy Business & Financial Corporation

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