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Dry Cleaning & Laundry Chain - Great Profits & Family Area

OH

Dry Cleaning & Laundry Chain - Great Profits & Family Area
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Asking Price: $1,800,000

Cash Flow: $610,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1959

Dry Cleaning & Laundry Chain - Great Profits & Family Area

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Business Description

Dominate Drycleaner - Great Profits & Family Area - Retiring Owner will Train

Dominate Rural Chain - Great Profits & Family Area
Retiring Owner will Train & Mentor
• $1,800,000 Annual Retail Sales
• Strong Brand in Compact Market
• Family owns all Biz Real Estate
• Profitable, Mature, Growing Biz
• Owner is 2nd Generation of Family
• Modern Fully Automated Plant
• Commands Market Share
• Experienced Staff in Place
• Constant Profit – Stable Growth
• SBA Loan Avail. For Strong Buyer
• 25% Capacity Growth Available
• Buyer Finder’s Fee Available on Sale
• New on Market & Priced to SELL!
Call ASAP to check-out first !!

Detailed Information

Inventory:
Included in asking price
Employees:
29
Facilities:
Fully automated central plant services a network of pickup shops that dominate two small counties, with almost a full monopoly! Also runs a chain of coin-laundries and home delivery route servicing the same market. All company equipment is new and of the premiere brands available. It is kept in excellent condition due to constant preventive maintenance by the 1 ½ mechanics that are permanent employees of the business. The owner has all the company manuals on his smart phone and is able to speak intelligently with the mechanics no-matter where he is located. A full description of the various locations and the equipment will be presented to qualified prospective buyers upon receipt of their Non-Disclosure Agreement and being qualified.
Competition:
The business is located in a scenic, semi-rural market. Great for raising a family and low housing costs, as well as water sports and hunting The company has limited competition, with close to total domination of all of its product lines within its prime market area.The prime market enables the business to provide an excellent, stable income, as well as a mature, dependable, hardworking labor pool for all of the business needs.
Growth & Expansion:
With the lack of competition, the business is able to keep its retail pricing at the high end of fair. Customer relations are always extremely positive and with minimum customer turn-over. The regional area is enjoying some strong industrial construction, which is causing the business to grow and expand at a sustainable rate.
Financing:
SBA & local Commercial Bankers Avail
Support & Training:
The Retiring Owner is in no hurry to leave the business, especially if the buyer is new to the Industry or not experienced in managing a chain operation. If need be, full training and long term support can be given: • Takeover/pre-Industry Residential Training Course • Run the business while new owner is at training school • Phasing out on-site training as the new owner picks up speed • Scheduled/as needed telephone chats to iron out little issues • Emergency fill-in availability in-case of necessity • Long term coaching or consulting, repairing, etc. Richard Ehrenreich, the Drycleaning Consultant/Business Broker will also assist with some complimentary initial phase-in coaching and will provide long term discounted coaching and consulting as needed.
Reason for Selling:
Retiring Owner has actively ran this growing business for over thirty years
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(from currently available funds)
 
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Richard Ehrenreich, F-CBI, CED, SBA

Business Listed By:
Richard Ehrenreich

Ehrenreich & Associates LLC

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