Well Run Dry Cleaning Business for Sale - Priced Right

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Asking Price:
$239,000

Gross Revenue:
$671,000
Cash Flow:
$113,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$125,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

With over 20 years of proficiency in the dry cleaning industry, this business is not only profitable it also continues to grow. Two locations in central Wisconsin, with very limited competition, the business services both the consumer and commercial accounts.

With multiple drop off points for the consumer, and pick up/delivery to commercial accounts, the business can handle everything from shirts, dresses, leather and suits, to sheets, towels and linens from commercial clients.

With increasing revenues, the owner continues to reinvest in upgraded equipment which reduces per pound in labor and efficiency. A 2017 $50k iron purchase alone will equate to a minimum of 10% savings in costs.

Currently a single shift operation cleaning 4,800 lbs per day, lots of additional revenue potential.

Current owner looking to retire but would stay on through business transition.

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Listing Info

ID:
1601159
Ad Detail Views:
0

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Business Listed by

Vincent DeMarte

North American Alliance of Business Brokers
License# 84684-94

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Sponsoring Broker:

Scott Radin
North American Alliance of Business Brokers

U.S. Census Data for Columbia County, WI
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 Columbia County, WI
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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