Successful Dry Cleaning Business - *Real Estate Included Cleaner

Reference ID#: 879
Industry: Service
Location: Aiken, SC

Financial Information

Asking Price: $485,000
Annual Receipts: $297,014
Cash Flow: $140,989
Sellers Discretionary Earnings
FF&E: $125,000
Inventory:
Real Estate Available? Yes
Value of Real Estate $110,000

Business Summary

This Dry Cleaners was established in 1968 and continues on with a great reputation for quality cleaning and service. The current owner has owned the business since 2004 and has perfected operations to make this one of the more profitable and successful dry cleaning operations in business today. Cleaning turn times are typically next day for standard cleaning and pressing and unlike traditional cleaners, they collect for all cleaning services upfront when the clothes are dropped off. This eliminates the revenue losses for cleaned garments where the customer never comes back to pick up their clothes. They also offer a reduced cost for pressing services if a customer desires to bring in their clean garments for pressing only and they have a small route service where they will pick up and drop off customers clothing. The business is open Monday – Friday giving the owner and employees weekends off. This is a great opportunity to take over a long established business with tremendous customer satisfaction and minimal competition in the immediate market area.

Facilities

The real estate is included in the sale and consists of two buildings. One building houses the cleaning and pressing operations and customer pick up and drop off and the other is a small office building consisting of 5 offices and a reception area. The office building is not part of the cleaning operations and has been rented in the past for $850 a month, but is currently not occupied. The dry cleaning building is approximately 2,305 sq.ft., with the office building being approximately 882 sq.ft.

General Information

Franchise: No
Homebased: No
Relocatable:
Year Established: 1968
Year Acquired: 2004
Number of Employees: 1FT/5PT

For more information, please contact us at 1 (888) 415-5118.