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Business description
Fantastic dry cleaning operation! This rarity has a very high market share and has built this through decades of business. They have continued to upgrade equipment in order to provide quality service. This is a great operation for an owner/operator, but it can be managed and run absentee if you choose (note that that the stated cash flow assumes an owner/operator). Also, this comes with a stand-alone facility. This asset-rich business will satisfy the demands of anyone looking for a well established solid cash flowing service business. Revenues and profit continue to be UP in 2011!
Property information
- Real Estate:
- Real Property Included
- Location:
- No need to deal with a landlord here! The business operates from its own stand-alone building with plenty of convenient parking (estimated market value of property is $120,000). Equipment is in great condition, and the facility is well equipped, including a back-up dry cleaning machine and back-up washers.
Business Operation
- Expansion potential:
- The owner does very limited advertising, and no marketing. A buyer that has the time and desire to grow the business can consider marketing to commercial accounts, increase advertising, or consider adding drop locations.
- Competition / Market:
- This business dominates the market in its trade area, and has built a great name over several decades of business.
- Reasons for selling:
- Retirement
Other information
- Support & training:
- Although the Seller does not work in the business, he is very open to helping the buyer in a transition and employees are all expected to remain in the business and they can assist the buyer as well.
- Financing available:
- This business is anticipated to qualify for SBA financing.
- Furniture / Fixtures value:
- $125,000 (included in the asking price)