$243,001 Profit Premier dry cleaning business in western Indiana

Asking Price$620,000

Cash Flow
$243,001

EBITDA$243,001

Gross Revenue$317,105

Inventory$8,000
Included in asking price
FF&E$160,000
Included in asking price
Real Estate$1,300,000
Not included in asking price
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$243,001 Profit Premier dry cleaning business in western Indiana


Asking Price$620,000

Cash Flow
$243,001

EBITDA$243,001

Gross Revenue$317,105

Inventory$8,000
Included in asking price
FF&E$160,000
Included in asking price
Real Estate$1,300,000
Not included in asking price
Business Description
Premier dry cleaning business in western Indiana, in an upscale university setting. Offers a hands on owner operator, a $175,000-$185,000 income. Rated #1 dry cleaner in community, long established 2nd generation owner. Real Estate appraised at $1,300,000, 5 star ratings, Loyal client base. Business separately is $620,000
About the Business
Years in Operation
64
Employees
6
Facilities & Assets
Real Estate excluded in business Sale. Real Estate=$1,300,000 (real estate can be amortized over 25 years). Remaining=$620,000. Real Estate included for $1,920,000
LOCATED IN A LARGE COLLEGE TOWN!! Super stable business.
Owner operator type of business, not remotely run.
Market Outlook / Competition
Growing
Opportunities for Growth
ADD A WEBSITE!
Expand territory, sales staff, new product lines, add sales staff
Sstart a laundry service; Start pick up & delivery service.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Owner looking forward to retirement
Transition Support
30 days free, included with the sale by the owner.
Listing Info
ID
2249188
Listing Views
2020

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Business Listed by: Charles Howard Tangent Brokerage

Listing ID: 2249188 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.