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Independent Dry Cleaner In Ottawa For Sale

Ottawa, Ontario
  • $425,000
  • (Furniture / Fixtures and Inventory / Stock included)

Sales revenue:
$695,000
Cash flow:
$50k - $100k
Contact Seller
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Fantastic opportunity for a business person! Established, profitable and independent Ottawa dry cleaner with multiple depot/stores (20+) for sale. All locations have excellent lease terms. Selling in order to slow down and explore other business interests. This is a well managed, hands on operation that would be ideal for a family investment or for an owner operator. The present owner has implemented cost saving measures and there is potential to further increase revenues and profitability. Contracts in place and growing. Excellent equipment included along with the opportunity for a new owner to invest further for the long term. Interested parties will be asked to sign a confidentiality agreement and be able to demonstrate adequate cash reserves for down payment in the range of 300-325k. Ideal buyer will have business management experience and the motivation/capacity to enhance the current operations. Seller will offer financing and training.



Real Estate:
Lease
Lease terms:
Available as required
Location:
Strategic, non suburban
Premises details:
Main plant and store are well located

Expansion potential:
Good to very good in other parts of the metro area along with great potential to secure lucrative commercial contracts
Competition / Market:
Should be considered normal
Reasons for selling:
To slow down and explore other interests
Trading hours:
Normal
Employees:
18
Years established:
25 plus
Support & training:
Complete as required
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Negotiable
Furniture / Fixtures value:
$200,000 (included in the asking price)
Inventory / Stock value:
$15,000 (included in the asking price)
Relocatable:
This business can be relocated.


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