Multiple Location Dry Cleaners

Ouachita County, LA

Asking Price:	$650,000
EBITDA:	$169,632
Established Year:	1952

Gross Revenue:	$711,437
FF&E:	$372,897

Listing ID: 1921105Listing provided by BizBuySell

BUSINESS DESCRIPTION

Very Profitable Dry-Cleaning Business with 3 Locations

Benchmark Business Brokers presents a North Louisiana regional provider of dry cleaning, laundry service, carpet and rug cleaning, and air quality solutions for its customers. The company also services its customers through established delivery routes.

This company was started in 1952 by its founder and has been consecutively family owned and operated since inception. Company has a strategically located 15,000+/- square foot "plant" that also serves as a store front for walk-in business.

Assets for sale includes inventory (equipment, rack inventory, supplies), Furniture, Fixtures, Computer Equipment, Delivery Vehicles as well as Intangible Assets (trade name, webpage, domain name).

Seller owns two of the locations (real estate and FF&E) including the plant. The third location is leased. Owner will consider selling the real estate as well.

Marc L. Able is Licensed by the Louisiana Real Estate Commission.
Broker - Coldwell Banker Group One Realty.
2120 Cypress St., West Monroe, LA. 71291.
Licensed in Louisiana.
Each office is independently owned and operated.

DETAILED INFORMATION

Location

Ouachita County, LA

Inventory

Included in asking price

Real Estate

Owned

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Company operates out of a "plant" on a busy street with store front and drive-through service. Company owns two other locations that features drive-through service, walk-in, over the counter sales.

Competition

Due to its long history of successful operations and plethora of satisfied customers, this cleaner business estimates to control approximately 50% of the market in its geographic territory. The pandemic forced a major competitor out of business leaving even more market share to gain.

Growth & Expansion

This company has maintained consistent Gross Sales, Gross Profit Margins and Operating Profit Margins for years. There are opportunities for growth and expansion within its region and expanding outside the region with both its products and services. The owner will provide more detail during due diligence.

Support & Training

Business has well-trained staff. Owner will stay available for up to 30 days in order to ensure a smooth transition.

Reason for Selling

Retirement

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