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  • RE:  Dry Cleaners, Family Run, Spotless, Est.2005
  • Contact:  Eugene M
  • License #: 455570

Quick Facts

Asking Price: $250,000
Annual Revenue: $400,000
Net Profit: $180,000
Cash Flow: $410,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: $6
Year Established: 1988
Employees: 3
BBN Listing #: 952260
Broker Reference #: 1

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Business Overview:

We have SBA pre-approval. Please call fgor details.

For sale is a family-run dry cleaner that has established relationships with many corporations and casinos. This cleaners comes with parts and tools for all the machinery. Equipment is maintained and serviced regularly.Step right and It was established in 1988 and under present ownership since 2001.

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Property Features and Assets:

For sale is a family-run dry cleaner that has established relationships with many corporations and casinos. It was established in 1988 and under present ownership since 2001. The gross sales over the last 4 years have exceeded $340,00 to the present of $380,000. It is located in an area of homes from $500,000 to million dollars. The owner is ready to retire! Training and support will be provided. Training for up to 30 days and support up to six months, depending on .......

Dry cleaning is a multi-billion dollar industry that has time and again proven to be recession-proof. Clothing will always be in need of cleaning. Furthermore, dry cleaning is a cash-and-carry business that does not require investing funds in extensive inventory.

According to U.S. News & World Report, dry cleaning is one of ten fields that do not sound glamorous, but often make their owners millionaires. Why? Because "there's never a shortage of dirty clothes." Every day millions of consumers take their clothing to a dry cleaner. Thousands of new types of garments are labeled "dry clean only," which has created an industry estimated to generate $6 to $7 billion a year.

It doesn't matter what the latest trend in clothing may be if it's summer, winter, holiday season, or vacation time. Customers will always have their quality garments cleaned professionally. Even with the proliferation of "casual workdays" or "wrinkle-free," a vast majority of these garments still need to be professionally cleaned and pressed.

Market Competition and Expansion:

After the pandemic many local dry cleaners have closed and business is increasing almost monthly.

April, May, and June were all over $43,000 a month.

Reason for Selling:

retiring-will train

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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