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6 Figure Cash Flow Dry Cleaners & Laundromat
Location: United States -> Arkansas
Industry: Business Services > Laundry




Business Summary

- This specialty cleaners provides a unique opportunity to own a dry cleaners AND a coin-operated laundromat.
- This business is WELL ESTABLISHED as it has been in operation since 1969!
- 2018 Revenues are tracking the highest output in the last four years! This business is trending upwards from 2016-17.
- CASH FLOW IS TRACKING SIGNIFICANT GROWTH OVER LAST YEAR! Proof the business is profitable and still thriving after 49 years of operations!
- Growth awaits with simple measures like creating a website and an online presence, marketing and advertising and increasing the hours of operation.
- This is a low overhead business with A LOT OF GROWTH POTENTIAL. The business currently provides minimal services due to owner's health.
- It is THE DRY CLEANERS in town, with THE NICEST Washateria in town.
- TWO ESTABLISHED REVENUE STREAMS! Both can be grown and increased in services provided.
- Location, Location, Location! The business has drawn a steady stream of customers over the last 40+ years of being open. It is in a high-traffic area of town.
- Health concerns have become an issue with the owner, and a factor in the business' performance. The seller is motivated and ready to retire.
- Some Owner Financing may be available for the right buyer and the right offer.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $148,881
Cash Flow:   $57,332
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $117,600
Seller Financing:  Yes

About The Business

Year Established:  1969
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  The seller will provide a negotiated amount of training to ensure an orderly turnover to the new owner. Additional training/consulting beyond the agreed upon terms is available from the seller, if required, for an additional fee.
Reason For Selling:  Owner is ready to retire

Photos

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6 Figure Cash Flow Dry Cleaners & Laundromat Photo 1




Print Listing Id: 700268673
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Also See: Franchise Opportunities > Franchise Resales > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers



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