Profitable High-End Dry Cleaner Plant-Absentee Ownership & Financing!

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Asking Price:
$325,000

Gross Revenue:
$500,874
Cash Flow:
$78,000
(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 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. Current ownership is absentee.

*An additional and profitable drop-off station is also available separately at additional cost.

About the Business

Location:
Charlotte, North Carolina
Year Established:
2007
Number of Employees:
11
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,500
Rent:
$6,480.00 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.
Seller Financing:
Seller will consider some financing for the right, qualified buyer.

Listing Info

ID:
1438143
Ad Detail Views:
947

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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

U.S. Census Data for Mecklenburg County, NC
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 Mecklenburg County, NC
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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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