The owners are retiring from this 25-year-old dry cleaning business. The business is housed in a 2400 sq. ft. leased space with a drive-thru; and is within walking distance of 400 new, high-end town homes that are under construction. The sellers are willing to provide owner financing and training for agreed upon terms. They have made several major equipment upgrades and offer the latest technology to their customers which provide them with the ability to receive text updates and pay online.
The business is the only local cleaner that uses environmental and human friendly “green” solvents. They have many repeat customers and pride themselves on quality and reputation. There are other opportunities to add additional services such as delivery or wash-and-fold and additional drop locations. The business has a large percentage of commercial accounts and it could be run hands-on, semi-absentee or absentee. This business is priced to sell and won’t last long.
For more information on this listing, contact: Mike Keen at (540) 777-1585 or [email protected]
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at (540) 777-1585 to discover the difference with Sunbelt Business Brokers of Roanoke & Lynchburg.
Financial Information
$165,000
Asking Price
$139,781
Cash Flow
$202,638
Gross Revenue
Yes
Financing
Business Location
City:
Central/SW
State:Virginia
Financing Comments
For agreed upon terms and conditions.
Reason for Sale
Retirement
Detailed information
Year Established:1998
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:2
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
N/A
Monthly Rent:
$2,500
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 2400
FF&E Included?: Yes
FF&E Value: N/A
Training/Support
Seller will provide training for an agreed time period.