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Dry Cleaning And Coin Laundry Business For Sale
Location British Columbia,Canada
Asking Price Range < $250K
Gross Revenues $153000
Net Profit / Cash Flow $36000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1977
Number of Employees 4 - 5
Inventory 26000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Owners offer full support and training for a time period to be negotiated in the sale.
Reason for Sale Owners wish to retire soon.
Description Buy your own job security. Never be vulnerable to layoffs again.and own your own commercial real estate. Successfully operating for over 35 years, this dry cleaning and laundry business is easy to operate and affordably priced. Aside from its profit, the business generates enough to pay for the property, for the new owner. Perfect for an owner/operator looking for a lifestyle change only 45 minutes from Kelowna, an area of British Columbia that boasts of mild winters and warm summers! Because like food and shelter, clean clothes are considered a necessity, this industry will always be in demand. The company has a number of longstanding (over 10 years) commercial accounts such as a medical clinic, hotel, mining company, school district and police department to name a few. They do all types of dry cleaning except leather and fur-for which they are an exclusive agent for Ace of Suedes in Vancouver. There is minimal inventory, no receivables and a steady, reliable cash flow - better than a pay cheque! Major economic growth & development projects are underway in Spring 2012 -a biomass hydro project, the construction of a major power line, and a recently opened silver mine. A new owner could substantially increase profits by adding more services. Current owner is retiring. Asking price $170,000. Seller financing negotiable. For more information on this unique opportunity, contact Michael Naprawa at 250-751-7917 or toll-free 1-877-289-0969.
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