Profit. Dry Cleaner Plant w/Drop Store -Absentee Ownership & Financing

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Asking Price:
 Not Disclosed

Gross Revenue:
$500,874
Cash Flow:
$118,520
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Since opening in 2007, this established and profitable business has enjoyed consistent, double- digit growth every year of operation, with only the benefit of word-of-mouth advertising. A full service dry cleaning and laundry services operation with the largest capacity and top-of-the-line, top rated, and well maintained machines, great expansion potential and a solid & loyal customer base, this business has everything in place to grow into this area’s premiere community dry cleaners.

This business currently has two convenient locations, the main location in the Lake Norman Area with a drop-off location in Charlotte. Both locations are conveniently located on busy, heavily traveled area highways.

This business offers a new owner not only continued growth and expansion potential, but the chance for a new, fully engaged owner to own a well established service business in an industry that will benefit from the growth in the Lake Norman and Charlotte areas for many years to come. Highly motivated seller - will consider any reasonable offer.

About the Business

Location:
Iredell County, North Carolina
Year Established:
2007
Number of Employees:
11
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,250
Rent:
$6,472.00 Per Month
Facilities:
Both locations are in strip centers with heavy traffic, and both have great parking. Location 1 has 2,100 SF, and location 2 has 2,400 SF.
Market Outlook/
Competition:
This business has 2 main competitors in the market area, and competes on the basis of price and customer service.
Growth & Expansion:
The potential growth of this business is unlimited. The 2 locations are in heavily traveled areas, and with a new, fully engaged owner, could explode! The current owners do not advertise.
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About the Sale

Reason For Selling:
Both owners have outside, full-time careers.
Training/Support:
Negotiable, if needed. Day-to-day operations people are in place.

Listing Info

ID:
1415110
Ad Detail Views:
534

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$
months
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Business Listed by

Joe Vagnone

ENLIGN Business Brokers

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Sponsoring Broker:

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
ENLIGN Business Brokers


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