REDUCED: Multi-Location Dry Cleaning Plant with Drop Centers

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Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

 Not Disclosed
included in asking price

included in asking price

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Business Description

This established, non-franchise dry cleaner opened more nearly four decades ago to service the Triangle community and have grown it into the multi-location center that it is today.

By owning the dry cleaning plant, the business is able to control costs through insourcing the cleaning services. The business takes in garments at the plant as well as six other drop centers across Raleigh, Chapel Hill, Cary, and Durham, transports them via a company owned & lettered vehicle. The company also offers a variety of garment services including dry cleaning, spot removal, alterations, and leather/suede repair. With the exception of the leather/suede & shoe repair, almost all of the labor is completed by staff members.

- Premium locations across the Triangle.
- Includes a dry-cleaning plant and service van for transportation of garments between facilities.
- A dozen employees with a long work histories.
- Long history in the Triangle; nearly four decades!

Room for growth with capacity to add commercial accounts.

Note: $17,600 in "inventory" is the accounts receivable of cleaned garments at seven locations that have been serviced and are ready for pickup. Sale price includes this "inventory."

About the Business

Durham County, North Carolina
Year Established:
Number of Employees:
Real Estate:
Building Sq. Ft.:
$20,000.00 Per Month
Seven Drop Centers at approximately 1,200 sq/feet positioned strategically around the Triangle including one 6,000 sq/foot dry cleaning plant with counter for service. All locations are in premium retail locations with excellent parking access.
Growth & Expansion:
Plenty of capacity for growth through commercial accounts and advertising.
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About the Sale

Reason For Selling:
Retirement and Relocation
Two Weeks included in sales price.
Seller Financing:
Seller will consider Seller Financing for Qualified Buyers

Listing Info

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Business Listed by

Neal Isaacs, MBA, CBI

VR Business Brokers - Raleigh

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