Hot Listing
Dry Cleaner & Laundry - Great $ return, runs itself
Business Description
Seller motivated and open to offers!
This established and award-winning full-service dry cleaner and laundry service business has outlasted several competitors. They have a dedicated team who provide EXTREME customer service. Their reputation for quality and service is recognized by their community and customers. Large growth opportunities include more pick-up & delivery, wash and fold services and pricing upgrades.
About the Business
- Years in Operation
- 39
- Number of Employees
- 8
- Facilities & Assets
- The equipment is in very good condition and the building is owned by the seller and is available to buy or lease. Seller willing to do rent to own with up to $48K applied to building purchase price. It is a 3,000 square foot single-story stick-built building located at the intersection of two interstate highways. There is large signage on the front of the building and ample parking. The cleaning and finished product areas flow well. The assets include a Mercedes van and the business is ran by an Director of Operations with 23 years experience.
- Market Outlook / Competition
- There is no local competition. Previous competitors have closed their doors. The nearest full-service dry cleaning and laundry service business is 20 miles away, and there is only one other in the county.
- Opportunities for Growth
- Significant opportunities exist for expanding pick-up and delivery services, wash & fold services, and increased pricing, especially for quicker turn-around requests. Current marketing has been mostly on the website.
Additional marketing could also substantially increase revenue.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,000
About the Sale
- Seller Motivation
- Retirement and family time.
- Transition Support
- Seller currently is mostly an absentee owner, working about 5 hours a week. Seller is willing to provide training and support to a buyer nearly full-time in month one, half-time in month two, 1 day a week during month 3; thereafter negotiable. With the Director of Operations managing the day-to-day activity and an experienced staff, the buyer can manage remotely.
- Financing Options
- Seller willing to finance a portion of the purchase price depending on buyer qualific
Listing Info
- ID
- 2163573
- Listing Views
- 5018
Listing ID: 2163573 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.
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