Large Midwest Laundry, Dry Cleaning, & Carpet Cleaning Business

Business Summary:
Rare Acquisition Opportunity: Profitable, Established Market Leading Brand Name! Highly recognized, long tenured, and successful laundry, dry cleaning, and carpet cleaning business is offered for immediate sale by retiring owner. Located in a growing, desirable, and populated metropolitan Midwest market, this operation has a successful multi-decade track record of delivering customer satisfaction to its clients while delivering superb returns to its shareholders.The business has a proven, long standing success formula which will enable new ownership to generate returns on Day One. Institutionalized processes, convenient customer-driven facilities, diversified service offerings, talented management team, respected brand name, and a highly loyal customer base are just a few of the critical value drivers. Key reasons to acquire:1) Consistent, profitable growth and exceptional proven financial performance 2) Market leading brand equity which generates significant pricing power above competition3) Proven customer loyalty with an unequaled, decades-in-the-making database 4) Broad service offerings -- laundry, alterations, dry cleaning, carpet cleaning and more5) Expansive geographic footprint serves a diverse, populated, and growing marketplace6) Diversified customer base including commercial, industrial, and residential clients7) Multi-channel delivery -- in-store retail locations plus free delivery routes 8) Point of Sale system provides timely, centralized management oversight & control9) Clean books, professional record keeping, & annually CPA-reviewed financial statements 10) Company-owned processing plant, corporate headquarters, and flagship retail real estate Over the last 5 tax years, annual weighted average business revenues of $8.1M generated a healthy $802,000 in annually weighted average cash flows. The founding guiding principle of the company – Professional Cleaning Expertise and Outstanding Customer Service – has now become an established brand hallmark and sustainable competitive advantage. The new ownership team will also become the benefactor of the already invested, significant capital expenditure in a 29,874 square foot central laundry processing facility (which also houses the flagship retail location and corporate offices), combined with a network of convenient leased locations, the business is well positioned for growth while it continues to leverage its premium margin position in the marketplace. SPECIAL FINANCING TO QUALIFIED BUYERS ... Only 10% buyer contribution ($500,000) required on a 25 year combined business and real estate loan. Full details are included in the marketing materials.