Listing Number: 60270-435927
Description
This is the opportunity you’ve been waiting for!! Look no further…
Highly profitable dry cleaning operation with two locations. One location with real estate included!
Details:
• Highly profitable with revenues exceeding pre-pandemic levels.
• Top Line Growth in 2023 vs 2022 in double digits at both locations!
• Locations in dense higher-income residential areas with high repeat business due to established reputation and high-quality service.
• Services include drop-off, pick-up, delivery, alterations, repairs, wedding gowns, household goods, suede, and leather.
• Limited marketing currently in place – all word of mouth! Tremendous upside for the savvy buyer to market and grow further.
• Fully staffed with tenured associates, most with over a decade of experience.
• Current owners are spending 45 hours per week in the business. Buyer can modify to suit their desired business model.
• All FF&E and vehicles in good condition.
• Real Estate location has new roof, paint, new signage, and turn-key takeover.
• Current owners are willing to offer transitional support to ensure a great start!
Cash offers are preferred, but seller financing may be available.
This opportunity absolutely WILL NOT last! Contact me today!
2023 YTD Revenue through September: $393,000
Seller Discretionary Earnings $163,000
Price: $399,000 (with Real Estate)
FF&E: $60,000
Real Estate BOV: $100,000
Listing Details
- Price: $ 399,000
- Down Payment: $199,000
- Sellers Discretionary Earnings: $ 68,000
- Total Sales: $ 304,000
- Location: Hamilton County, Ohio
- Inventory: $ 0
- FF&E: $ 0
- Employees: 4
- Reason for Selling: Health Reasons
- Category: Cleaning/Clothing
