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Dry Cleaning, Laundromat Business For Sale

Location  Washington,United States
Asking Price Range  $250K - $500K
Gross Revenues  $312000
Net Profit / Cash Flow  $13000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1986
Number of Employees  6 - 9
Inventory  $310,000
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  A management team is in place. Owners will stay for a reasonable transition to acclimate new owners to area, business and customers. They do wish to retire.
Reason for Sale  Owners wish to retire.
Description  This fine dry cleaning services & laundromat business has been providing full-service clothing care in their area for over 25 years. They offer an excellent reputation for quality and service. This clean, modern facility has a great customer base and is on track for very good growth! There are 2 locations with this listing and rent is very low at both of the locations with long term renewals available. This company has created a website this year, it has created a great abundance of new client traffic. The laundromat offers 27 washers and 30 dryers. The dry cleaning services offers same day cleaning, Tailoring & Alterations, Shirt Laundry, Professional Stain Removal and Wedding Dress Cleaning & Preservation. The trained, friendly staff pays attention to detail, and is dedicated to a professional finish. They also have a new website which is already a productive source for new clients. This expanding business has no deferred maintenance and should be operated in a ''hands on'' manner. Witha steadily growing customer base, don't wait, call today for full details! 65% of the primary business activity is for the dry cleaning services. 20% is for the coin operated laundromat. Fluff and fold laundry adds another 10% of the revenue and last but not least, 5% is for alterations/sewing. All equipment and open box inventory is included in the asking price. Unopened Boxes & finished goods can be determined at time of sale. Also, a 2003 Chevrolet Astro Van could be purchased for an additional cost if a new owner desired. This fine listing offers 2 separate facilities approximately 2,500 sq ft each. They are located approximately 25 miles from each other. The business could be relocated, however due to strong clientele it is not advised. Asking $329,000. Contact for more information on this dry cleaning, laundromat business for sale.
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