Listing Number: 86715-883848
Description
Established in 1975. The company has one plant location that has had a rich history of established clients with recurring revenues and a great brand. Equipment in the plant is in good condition and has proper maintenance documentation. Owner is selling both the location and the business.
At one time, the company employed 23 total employees consisting of 13 part time and 10 full time, which included the current owner and his manager. Currently, the operating company is shut down. Revenues during and after COVID were stable and produced great trends at this location. The prior operating company had two drop off stores that further complemented the plant location while improving sales and profits.
Buyer will need to establish a new operating company and find employees for this business; however owner is willing to assist helping the buyer find new employees.
This is a great opportunity to grow the business by establishing two drop off locations in the Huntsville and Madison areas of Alabama, which have higher demographics and growth to support the business.
Some Seller Financing Available, but Subject To Final Approval.
Listing Details
- Price: $ 200,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 426,000
- Location: Madison County, Alabama
- Inventory: $ 0
- FF&E: $ 125,000
- Employees:
- Year Established: 1988
- Reason for Selling: Retirement
- Category: Cleaning/Clothing
