Listing Number: 86715-216071
Description
*********UNDER EXCLUSIVE LOI********************
30-year-old dry cleaner for sale. The cleaners provide mainly Dry Cleaning and Laundry and other services. The company has one plant location and a drop off store that has had a rich history of established clients with recurring revenues and a great brand. The equipment in the plant is in good condition and has proper maintenance documentation.
The owner is selling both the Plant location and the business. Both stores are located near a very accessible main highway with high visibility for their store front locations. The company has achieved consistent sales year over year while creating an established reoccurring customer base for consistent same day sales activity. The business has a ready-made staff with low turnover. This is a great opportunity for an owner operator business owner who owns a dry cleaner or an absentee investor. Owner is offering some seller financing subject to final approval and review of buyer.
Listing Details
- Price: $999,000
- Down Payment: $849,150
- Sellers Discretionary Earnings: $246,009
- Total Sales: $577,840
- Location: Madison County, Alabama
- Inventory: $0
- FF&E: $381,645
- Employees: 14
- Year Established: 1994
- Reason for Selling: Retirement
- Category: Cleaning
