Listing Number: 3953-655098
Family owned and operated Dry Cleaner in a high traffic area. Cleaner has two locations and offers dry cleaning, shirt laundry, alterations, fluff and fold laundry, VIP service to 6 local hotels, and leather care. Company is a well known dry cleaning provider in the area with a very good web presence.
Revenue has nearly doubled from 2015 to 2018 growing by 82%. Adjusted earnings have also shown significant growth going from a loss in 2015 of $32k to a profit of $62k in 2018. Along with the business comes a high quality line of equipment valued at $200k - $250k. Drop location of the business drives 35% of total revenue while the main location is in a highly trafficked area of over a half a million drivers per day.
- Price: $285,000
- Down Payment: $285,000
- Sellers Discretionary Earnings: $62,078
- Total Sales: $438,160
- Location: Hamilton County, Indiana
- Inventory: $10,000
- FF&E: $250,000
- Employees: 7
- Year Established: 2015
- Reason for Selling: Relocating
- Category: Cleaning/Clothing