Multi-Location Dry Cleaning & Laundry Company

Ohio
listing image
Asking Price:$5,300,000
Gross Revenue:$3,700,000
Cash Flow:$550,000
Real Estate:$1,400,000
BUSINESS DESCRIPTION

This is an exciting opportunity to acquire a well and highly established, Midwest-owned dry cleaning business with multiple locations. Whether you’re an experienced business owner or a first-time entrepreneur, this could be your golden ticket. Strategically placed in and around a major city, the company boasts a dedicated and experienced team committed to delivering exceptional customer service.

As people seek more free time, they are willing to pay others to maintain their wardrobe and household fabric goods causing an increase in the demand for dry cleaning services. This dry cleaner has built a solid reputation over the years serving a loyal customer base while enjoying positive referrals and on-line reviews. Adapting with evolving customer needs, the company has added valet and other specialized services to their many other offerings, which we consider a proprietary. Their pick-up and delivery system could be developed into a licensed business model.

The owner works full-time in the business overseeing operations, managers, accounting as well as coordinating all marketing, and repairs.
The main production facility, which houses all the equipment, is included in the Purchase Price of the business. A new owner will assume several leased facilities where the business operates both drop off and pick-up locations as well some remote production and plants.

REAL ESTATE REPRESENTED THROUGH NORTHWEST REALTY
Emmet Apolinario, Licensed Agent: 2007 003760

Please note that this is a CONFIDENTIAL offering. A required buyer net worth statement or submitted Business Acquisition Qualification Report along with non-disclosure agreements, will be required to preview the opportunity beyond this listing description.


DETAILED INFORMATION
Location
Ohio
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Growth & Expansion
Many opportunities for growth as the area continues to explode with the rapid development of the surrounding communities.
Support & Training
The main production facility and all equipment are included in the purchase price. The new owner will assume the leases on all other locations.
Reason for Selling
Owner is looking forward to retirement.
Report an Issue with this listing
profile-img
Emmet
Apolinario
logo-img
Emmet Apolinario