Very Profitable Dry Cleaner
Location Israel
Asking Price Range $1.0M - $2.5M
Gross Revenues $1968000
Net Profit / Cash Flow $429100
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2001
Number of Employees 6 - 9
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training Yes.
Reason for Sale Other business interests.
Description Israel Business Brokers
02 992 0831
Listing ID: 73
Listing Broker: David Kronish
Total Revenues NIS 1,968,000
Asking Price NIS 1,700,000
Owners Discretionary Cash Flow NIS 429,100
Downpayment Flexible
This is the local friendly profitable dry cleaning and laundromat located near Tel Aviv. This has been a successful business for many years and is in a densely populated area. They cater mainly to the haredi community. The owner has spent many years running the business and is looking to retire. He is an accommodating man who is willing to train his replacement for free.
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