*New lower Price: Family run 35+ years, Owner Retiring

Asking Price$395,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

Inventory$30,000
Not included in asking price
FF&E$250,000
Included in asking price
Front Counter
Front Entrance
Dry Cleaning Machine
Clothing racks
Production area
Production Area
Front Counter
Front Entrance
Save1/6

*New lower Price: Family run 35+ years, Owner Retiring


Asking Price$395,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

Inventory$30,000
Not included in asking price
FF&E$250,000
Included in asking price
Business Description
Thousand new homes around the area. Bright future for a growing business. Modernized and well-established dry cleaning and laundry shop. 2800sq ft of space. Unlimited opportunity for wholesale accounts. Husband and wife run plus a couple employees.
About the Business
Years in Operation
34
Employees
4 (3 Full-time, 1 Part-time)
2
Currently Home Based
Yes
Facilities & Assets
Husband and wife working with employees will generate good 200K per year net gross. Relocated to current location in 2019. Dry cleaning unit is Red Star #40 with K-4 non-toxic cleaning fluid. Environmentally friendly chemical. EPA approved. Unlimited bright future for expansion. Easy in and out access with plenty of parking. Fully equipped for wholesale accounts, if preferred. Multi housing units are in development around the area.
Market Outlook / Competition
Many cleaners in the area have closed and this continues to grow in revenue.
Opportunities for Growth
Located near downtown Seattle which allows opportunities for wholesale expansion via hotels.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,800
Rent
$8,500.00 per month
Lease Expiration
1/2/2039
About the Sale
Seller Motivation
Retirement
Transition Support
Training will be offered by owners for one month post acquirement.
Financing Options
Cash out
Listing Info
ID
2274811
Listing Views
9511
Business Location

Contact Seller

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Business Listed by: Mia Brown

Listing ID: 2274811 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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