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Multi-Location Dry Cleaning Business

South Dakota

Asking Price: Gross: Cash Flow:
$600,000 $655,165 $52,584

Furniture and Fixtures Value:
$300,000 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$300,000 (included in the asking price)

Business Summary:
Over the last three decades, this business has established itself as a leader in the dry cleaning industry. With multiple locations, the business offers quality services and convenience. Offered as a turn-key business, this is a great opportunity for a new owner to acquire an established business with good growth potential. There is real estate available, and included in the asking price.

 
   
   
Year Business was Established: 1991
   
Number of Employees: 16 FT  
   
Facilities / Terms of Lease: The business has multiple locations, each storefront has good traffic, visibility, and parking. The term on each lease varies, some contain extension options, the others have motivated landlords.  
   
Potential Growth/Expansion: Due to personal reasons, the business hasn't been optimized the last couple of years, so potential for added growth and profitability definitely exists for a new, motivated buyer.  
   
Competition: Competition does exist, but this business has a done a great job of building a quality and loyal customer base over three decades.  
   
Owner willing to train: Will train for 3 weeks @ $0 cost.  
   
Reason for selling: Seller looking to retire.  
 

 

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