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Dry Cleaner For Sale
Location: United States -> Alabama
Industry: Business Services > Laundry




Business Summary

Established in 1975 and then purchased in 1988 by seller. The company has one plant location and 2 drop off store locations. Equipment in the plant is in good condition and has proper maintenance documentation. Owner owns the real estate at the plant location while the other two locations are leased to two different real estate owners. Both leases can be negotiated for the potential buyer.

The company employs 23 total employees consisting of 13 part time and 10 full time, which includes the current owner and his manager. Revenues during and after COVID continue to be stable and trending much higher year over year.
Plant location is owner occupied property, the two drop store locations have leases associated with their locations and can be negotiated with new potential buyer


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $853,000
Cash Flow:   $233,411
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Yes

About The Business

Year Established:  1988
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  retirement

Photos

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Dry Cleaner For Sale Photo 1




Print Listing Id: 700365714
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Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



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