Listing Number: 86715-315549
Established in 1975 and then purchased in 1988 by seller. The company has one plant location and 2 drop off store locations. Equipment in the plant is in good condition and has proper maintenance documentation. Owner owns the real estate at the plant location while the other two locations are leased to two different real estate owners. Both leases can be negotiated for the potential buyer.
The company employs 23 total employees consisting of 13 part time and 10 full time, which includes the current owner and his manager. Revenues during and after COVID continue to be stable and trending much higher year over year.
- Price: $ 630,000
- Down Payment: $126,000
- Sellers Discretionary Earnings: $ 233,411
- Total Sales: $ 853,000
- Location: Madison County, Alabama
- Inventory: $ 0
- FF&E: $ 250,000
- Employees: 23
- Year Established: 1988
- Reason for Selling: Retirement
- Category: Cleaning/Clothing