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Barcelona. Business Network Of Dry Cleaning Shops
Location: Spain -> Barcelona
Industry: Retail > Other Retail




Business Summary

Excellent locations of the shops.


With an average billing of 750.000 € in the last years and counting with 15 employees.

Founded 20 years ago and in continuous growth with the opening of new shops.


For sale due to the owner's retirement.



Leader brand, nationally and internationally known.



Currently managed by a professional manager, due to the referred owner's retirement. Thus, the buyer could choose between keeping this professional or either assuming himself the management increasing this way the rentability up to a 50% of the billing.


Higher benefit than the average (precise statistics will the given to the buyer)



Required price: 375.000 €. Goodwill redeemable in 2 years time. .


Final price and the rest of acquirement conditions to be negotiated directly with the owner.



Total support from the brand as well as from the current owner during all time needed for the transition, both in English and/or Spanish .



Absolutely all of the company's information without 68 pages report, which 21 chapters and it's situation in its Market is available under a confidentiality agreement.


Price requested by the owner € 375,000


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $750,000
Cash Flow:   $100,000
Cash Flow Type:  EBITDA
Inventory:  $214,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1997
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  YES
Reason For Selling:  Retirement




Print Listing Id: 700334265
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