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- RE: Turn-Key MI Dry Cleaners – Multiple Revenue Streams
- Contact: Patrick E
Quick Facts
Asking Price: | $862,500 | |
Annual Revenue: | $1,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $205,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 4 | |
BBN Listing #: | 982737 | |
Broker Reference #: | PEL-DRY1 |
Business Overview:
Cash flow represents ebidta in 2023. The sale price includes new, updated equipment and hundreds of regular high-end customers. This successful, 10 year established business utilizes multiple revenue streams that create high, ongoing and reliable profits. It’s a traditional dry cleaner but adds additional spokes of business including: Traditional Dry Cleaning to commercial clients and consumers / Wash and Fold Laundry / Residential and Commercial Laundry Pick-Up Services / Commercial and Apartment Laundry Locker Services and more. The business operates in a 5200 square foot facility with an excellent lease rate. We have brought real customer service and friendliness back into this industry. The other independents just cannot compete with our “State of the Art” dry cleaning and laundry facilities. This business is the “Uber” of cleaning using their new phone app.
Distinguishing Factors Include:
- Normal business hours of operation
- Few employees / Skilled employees
- Multiple Revenue Streams
- Consistent demand, absolutely recession resistant business
- Nationally recognized company – Full Training and Ongoing Support will be included
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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