Multiple Location Dry Cleaners - Well established,73-Year-old business

Asking Price$900,000

Cash Flow
$203,510
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$698,559

InventoryNot Disclosed

FF&E$340,811
Included in asking price
Real EstateNot Disclosed

Fine dry cleaning, strong business model.Save

Multiple Location Dry Cleaners - Well established,73-Year-old business


Asking Price$900,000

Cash Flow
$203,510
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$698,559

InventoryNot Disclosed

FF&E$340,811
Included in asking price
Real EstateNot Disclosed

Business Description
Benchmark Business Brokers presents a North Louisiana regional provider of dry cleaning, laundry service, carpet and rug cleaning, and air quality solutions for its customers. The company also services its customers through established delivery routes.

This company was started in 1952 by its founder and has been consecutively family owned and operated since inception. Company has a strategically located 15,000+/- square foot "plant" that also serves as a store front for walk-in business.

The Seller has a tenured staff including a full complement of managers. This business practically "runs itself" due to its long history of operations, well-trained staff and relatively ease of operations.

Business services this company offers include carpet and rug cleaning, dry cleaning, indoor air quality solutions, laundry service and mats.

Assets for sale includes inventory (equipment, rack inventory, supplies), Furniture, Fixtures, Computer Equipment, Delivery Vehicles as well as Intangible Assets (trade name, webpage, domain name).

Seller owns two of the locations (real estate and FF&E) including the plant. The third location is leased. Owner will consider selling the real estate as well for appraised value.

Marc L. Able is licensed by the LREC
Sr. Broker – Buck Commander Properties
2009 Old Sterlington Rd.
Sterlington, LA 71280
About the Business
Years in Operation
73
Employees
14
Facilities & Assets
Company operates out of a "plant" on a busy street with store front and drive-through service. Company owns two other locations that features drive-through service, walk-in, over the counter sales.
Market Outlook / Competition
Due to its long history of successful operations and plethora of satisfied customers, this cleaner business estimates to control approximately 50% of the market in its geographic territory. The pandemic forced a major competitor out of business leaving even more market share to gain.
Opportunities for Growth
This company has maintained consistent Gross Sales, Gross Profit Margins and Operating Profit Margins for years. There are opportunities for growth and expansion within its region and expanding outside the region with both its products and services. The owner will provide more detail during due diligence.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
Business has well-trained staff. Owner will stay available for up to 30 days in order to ensure a smooth transition.
Listing Info
ID
1921105
Listing Views
2682

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Business Listed by: Marc L. Able Benchmark Business Brokers

Listing ID: 1921105 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.