Excellent Dry Cleaning & Laundry Business

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Business Description

Excellent Service Business with a solid future.

This business has been in the Charleston & North Charleston areas a long time. They have well trained staff offering fast, professional, affordable dry cleaning and laundry services. Plant and multiple locations to take the best care of your wedding dress, suits, work clothes and laundry items. They are here to provide quality services and save customers time at affordable prices.

SBA financing should be possible for qualified buyer.
Call me to set up appointment with the seller to see this excellent business.

About the Business

Year Established:
2002
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
4,850
Rent:
$7,900.00 Per Month
Facilities:
3,600 sf main plant and retail store plus 1250 second drop location. Equipment is kept current and well maintained.
Market Outlook/
Competition:
This is a well established and professional operation able to compete with any competition. The right buyer can add more locations to expand the business.
Growth & Expansion:
With the growing economy in the Greater Charleston area this is a necessary type business with plenty of growth potential. Their reputation is excellent.
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About the Sale

Reason For Selling:
Partnership changing directions.
Training/Support:
Negotiable

Listing Info

ID:
1487748
Ad Detail Views:
708
Asking Price:
$699,000

Gross Revenue:
$740,424
Cash Flow:
$184,143
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$156,198
included in asking price

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Business Listed by

Cecil Dye

Sunbelt Business Brokers

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Sponsoring Broker:

Thomas J. Conroy
Sunbelt Business Brokers

U.S. Census Data for Berkeley, Charleston and Dorchester Counties, SC
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 Berkeley, Charleston and Dorchester Counties, SC
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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