Hot Listing

Multi-site Dry Cleaner with Wholesale contract and Corporate Accounts

Asking Price$1,000,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$200,000
Included in asking price
FF&E$200,000
Included in asking price
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Hot Listing

Multi-site Dry Cleaner with Wholesale contract and Corporate Accounts


Asking Price$1,000,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$200,000
Included in asking price
FF&E$200,000
Included in asking price
Business Description
Multi-site dry cleaner with a fully operating plant, and three pickup locations. Additionally a wholesale account with high margin and growing restoration corporate accounts.

Included in the sale is inventory, including corporate account accounts receivables.
About the Business
Years in Operation
3
Employees
11 (6 Full-time, 5 Part-time)
Manager runs the plant and hiring of personnel for the pressers and washers as w
Facilities & Assets
This sale includes a plant and three pick up locations, as well as a wholesale account that is doing a significant amount of business for us.

In addition to typical dry cleaning we have contracts with half a dozen restoration companies that use us exclusively. This is high margin business with low stress because it can be done on an as needed basis.

Additionally, the business is being run by a manager who does all the hiring and firing of pressers and washers as well as the front desk. She handles the scheduling and the owner does payroll and checks in from time to time.

Business is set to expand dramatically with the corporate accounts, as much of them have been recently signed and are growing.
Market Outlook / Competition
Much of the locations do not have competition as their store sales have risen while competing stores have closed.
Opportunities for Growth
Growing via wholesale account, and neighboring dry cleaners closing. Also, the restoration accounts have grown quite a bit and continue to grow.
Real Estate
Owned or Leased
Leased
Rent
$13,700.00 per month
About the Sale
Seller Motivation
Have another business that is growing substantially and requires more time.
Transition Support
Will offer two weeks of hand off, but manager will stay on board.
Listing Info
ID
2519582
Listing Views
97

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Business Listed by: Barakah DC Investments

Listing ID: 2519582 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.


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