Dry Cleaning, Laundry & Alterations

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Listing ID: 700199868

Listing Title: Dry Cleaning, Laundry & Alterations

Quick Link: http://www.globalbx.com/listing.asp?bId=199868

Industry: Business Services

Industry Segment: Laundry

Country: United States

State / Province: Mississippi

Area

City:

Asking Price Range: $250K - $500K

Gross Revenues: $268,650

Cash Flow: $23,435

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1947

Number of Employees: 1 - 3

Business Description:
This well established dry cleaning and laundry service business has been within its community since 1947. Current owners bought the business in 1960 as a family business, and over the years have built a state of the art facility that is conveniently located right off the highway. The business has very little competition within its area, producing consistent sales and profits. And some of the competitive advantages of the business is they are a petroleum based dry cleaning (not PERC) including a reclaimer, have full commercial laundry equipment, also offering the only drive thru window in the county along with having the only alteration service, and a full duplication of equipment ensuring no downtime. This dual equipment design also offers the opportunity to dramatically ramp up production should the new owner choose to expand the business. Assets include $1,000 in inventory, $310,000 of equipment, vehicle, fixtures, and furnishings. Building and property valued at $300,000. Located in western Mississippi. Ask for portfolio #0182.



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