Business Overview

Family owned and operated. This established Hydrocarbon Dry Cleaner has been around for many years. This location has history and loyal clientele. Huge potential to grow into the commercial market. This has been a successful location for many years! From 2016-2019 sales were over $200K per year. This is a great opportunity for a hands on owner operator. Can work with nearby laundromats by offer Dry Cleaning service. This Dry Cleaner currently services a local High School and Assisted Living Facility.
Seller will provide training to new owner and help make this a smooth transition.

***Seller owns a Coin Laundry and is willing to sell both the Dry Cleaner and the Laundromat… Ask Agent about the package deal!***

Contact the agent at 678-243-5665 for more information OR fill out the “Contact Form” to receive the Non Disclosure Agreement for signature and additional details.

Financial

  • Asking Price: $115,000
  • Cash Flow: $20,000
  • Gross Revenue: $102,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,624
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Additional Info

The business has 2 employees and resides in a building with approx. square footage of 1,624 sq ft.
The real estate is leased by the company for $3,040 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell operating businesses. Nonetheless, the real factor and the one they tell you may be 2 completely different things. For instance, they might claim "I have too many various responsibilities" or "I am retiring". For many sellers, these factors stand. But also, for some, these might simply be excuses to attempt to hide the reality of changing demographics, increased competitors, recent reduction in revenues, or a variety of other reasons. This is why it is really essential that you not count totally on a vendor's word, yet instead, use the seller's answer along with your total due diligence. This will repaint a much more practical image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses finance loans so as to cover items like supplies, payroll, accounts payable, and so on. Bear in mind that occasionally this can suggest that earnings margins are too thin. Numerous companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that should be fulfilled or may cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location draw in new clients? Often times, operating businesses have repeat consumers, which create the core of their everyday revenues. Particular variables such as brand-new competition growing up around the location, roadway construction, and employee turn over can influence repeat customers and adversely impact future profits. One essential thing to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business often, the greater the chance to construct a returning consumer base. A last thought is the general area demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? Just how might the local median household earnings effect future income potential?