Large, Well Established Dry Cleaning & Laundry
www.GlobalBX.com
Listing ID:
700210074
Listing Title:
Large, Well Established Dry Cleaning & Laundry
Quick Link:
http://www.globalbx.com/listing.asp?bId=210074
Industry:
Business Services
Industry Segment:
Laundry
Country:
United States
State / Province:
Tennessee
Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$2,698,671
Cash Flow:
$301,592
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2013
Number of Employees:
50 - 99
Business Description:
This is a well established, independantly owned dry cleaning and laundry business that has operated successfully in West Tennessee for over fifty years. The business owns a fully equipped 12,500 square foot plant and office headquarters and leases ten drop-off locations, and three home pick-up and delivery routes. There are 65 employees with low turn-over rate. The plant uses petroleum based cleaning products. The business has a strong customer base of over 12,000 customers and prides itself on the high quality of its service and attention to individual customers. The plant is conveniently located near its equipment supplier which is advantageous from a cost and customer service standpoint. There is ample opportunity for growth given the large market and surplus capacity in the plant.
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