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Prominent Dry Cleaning Business With Property
Location: United States
Industry: Business Services > Laundry

Business Summary

Prominent local dry cleaning business - with related property - delivering substantial sales and cash flow is ready for new owners!

Investment highlights include:

* Turnkey business provides a range of fabric cleaning, pressing and tailoring services.
* Consistently generates substantial cash flow from large, local customer base.
* Conveniently located on busy commercial and retail street with significant traffic flow.
* Operates in a one-story building on a half-acre lot included with the business sale.
* Well-equipped facility includes washers, dryers, fabric pressing stations and sewing machines as well as sorting bins, racks and storage for cleaning solutions, hangers and garment bags.

The business is being offered with the real estate (building and property), with an asking price of $300,000, making the total transaction value of $950,000.

The retiring business owner is open to providing seller financing and mentoring to qualified buyers for a limited period of time.
Growth View Research projects the U.S. dry cleaning and laundry services market will grow at a 4.5 percent compound annual growth rate between 2022 and 2030. Supporting this growth in the near-term is the post-pandemic return to the office while longer-term increasingly busy consumer lifestyles will further drive demand.

Call for more details!


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $635,513
Cash Flow:   $222,778
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $170,000
Seller Financing:  Yes

About The Business

Year Established:  2020
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  other interests


View Larger Photo(s) Of Business
Prominent Dry Cleaning Business With Property Photo 1 Prominent Dry Cleaning Business With Property Photo 2

Print Listing Id: 700382946
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Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease

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