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Dry Cleaning & Laundry Business For Sale
Location Tennessee,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2698134
Net Profit / Cash Flow $212464
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2012
Number of Employees 50 - 99
Inventory 1034900
Relocatable Not Disclosed
Number of Employees 50 - 99
Real Estate Leased
Training 8 weeks training at no cost to new owner
Reason for Sale Retiring
Description This is a well established, independantly owned dry cleaning and laundry business that has operated successfully in West Tennessee for over fifty years. The business has a leased, fully equipped 12,500 square foot plant and office headquarters, ten leased drop-off locations, and three home pick-up and delivery routes. There are 75 employees with low turn-over rate. The plant uses petroleum based cleaning products. The business has a strong customer base of over 9,000 customers and prides itself on the high quality of its service and attention to individual customers. The plant is conveniently located near its equipment supplier which is advantageous from a cost and customer service standpoint. There is ample opportunity for growth given the large market and surplus capacity in the plant.
he business has a leased, fully equipped 12,500 square foot plant and office headquarters, ten leased drop-off locations, and three home pick-up and delivery routes.
The business has a strong customer base of over 9,000 customers and prides itself on the high quality of its service and attention to individual customers.
Plant and headquarters office has 12,500 square feet and operates one shift per day, Monday through Friday. The existing shift can handle more volume and additional shifts could be added.
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