$243,001 Profit Premier dry cleaning business in western Indiana
Tippecanoe County, IN
| Asking Price: | $620,000 |
| Gross Revenue: | $317,105 |
| EBITDA: | $243,001 |
| Real Estate: | $1,300,000 |
| Cash Flow: | $243,001 |
| Inventory: | $8,000 |
| FF&E: | $160,000 |
| Established Year: | 1961 |
Listing ID: 2249188Listing provided by BizBuySell
BUSINESS DESCRIPTION
Premier dry cleaning business in western Indiana, in an upscale university setting. Offers a hands on owner operator, a $175,000-$185,000 income. Rated #1 dry cleaner in community, long established 2nd generation owner. Real Estate appraised at $1,300,000, 5 star ratings, Loyal client base. Business separately is $620,000
DETAILED INFORMATION
Location
Tippecanoe County, IN
Inventory
Included in asking price
Real Estate
Owned
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Real Estate excluded in business Sale. Real Estate=$1,300,000 (real estate can be amortized over 25 years). Remaining=$620,000. Real Estate included for $1,920,000
LOCATED IN A LARGE COLLEGE TOWN!! Super stable business.
Owner operator type of business, not remotely run.
Competition
Growing
Growth & Expansion
ADD A WEBSITE!
Expand territory, sales staff, new product lines, add sales staff
Sstart a laundry service; Start pick up & delivery service.
Support & Training
30 days free, included with the sale by the owner.
Reason for Selling
Owner looking forward to retirement
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