MergerPlace

Full Service Dry Cleaner

Pennsylvania


  • Asking Price: $920,000
  • Gross Income: $2,166,567
  • Cash Flow: $528,318
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $578,470
  • Listing ID: #214865
  • Established: 1980
  • Employees: 30 FT/ 15 PT

Business Description

This Professional Full-Service Cleaner provides an environmentally friendly, dry cleaning and laundry services. They have 6 retail locations and one centralized plant. They also specialize in the convenience of FREE pick-up and delivery to homes and offices with three independent delivery vehicles/routes.


Business Details

Primary Business Category: Services - Other Services
Location: Pennsylvania

Company Information

Year Established: 1980
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 30 FT/ 15 PT

Financial Information

Asking Price: $920,000
Gross Revenue: $2,166,567
Cash Flow: $528,318
FF&E: $578,470
Inventory: $20,000
Seller Financing Available: Yes

Property Information

Facilities:

6 retail locations and 1 centralized plant.

Growth & expansion opportunities:

Marketing has not been fully engaged for growth, especially within the college campus at large.

Competition:

The competition is mostly single store operators who outsource their dry cleaning etc. The Industry itself based on an urban demographic with a local University with various private and governmental entities capitalizing on the pick-up and delivery service.

Reason for selling:

The Owner purchased this establishment as an investment and has hit the targeted goals. Additionally, and most importantly, with a family, regular full-time job and other responsibilities, the owner needs to reclaim time.

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Philip Davis

Murphy Business Brokers