Dry Cleaners: Profitable and Reliable with Multiple Revenue Streams

Michigan
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Asking Price:$862,500
Gross Revenue:$1,200,000
Cash Flow:$205,000
Established Year:2014
BUSINESS DESCRIPTION

Cash flow represents ebidta in 2023. The sale price includes new, updated equipment and hundreds of regular high-end customers. This successful, 10 year established business utilizes multiple revenue streams that create high, ongoing and reliable profits. It’s a traditional dry cleaner but adds additional spokes of business including: Traditional Dry Cleaning to commercial clients and consumers / Wash and Fold Laundry / Residential and Commercial Laundry Pick-Up Services / Commercial and Apartment Laundry Locker Services and more. The business operates in a 5200 square foot facility with an excellent lease rate. We have brought real customer service and friendliness back into this industry. The other independents just cannot compete with our “State of the Art” dry cleaning and laundry facilities. This business is the “Uber” of cleaning using their new phone app.
Distinguishing Factors Include:
- Normal business hours of operation
- Few employees / Skilled employees
- Multiple Revenue Streams
- Consistent demand, absolutely recession resistant business
- Nationally recognized company – Full Training and Ongoing Support will be included


DETAILED INFORMATION
Location
Michigan
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,200
Employees
4
Facilities
FF&E includes new and updated equipment and state of the art facilities
Support & Training
yes -transitional support and training will be provided. owner is motivated to sell
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James
Felthammer
James Felthammer
James Felthammer