Listing ID: 80432

Business Overview

Drop off and pick up 24/7 service. High quality special specific products to treat the garments. All the transactions and internal procedures of the cleaning are monitored by cameras. Operating hours: 7 a.m to 7 a.m Monday to Friday / 9 a.m to 3 p.m Saturday.
Excellent location in the upcoming new development area (Winter Garden,Ocoee, Clermont, Windermere, Oakland).

Financial

  • Asking Price: $362,000
  • Cash Flow: N/A
  • Gross Revenue: $400,000
  • EBITDA: N/A
  • FF&E: $425,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2014

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,500
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

All furnishings, fixtures and equipment included in the asking price as well as Leasehold improvements and inventory. Franchise required and City, Estate and Fire Department permits. Associated to GREEN EARTH to be able to operate. License required $2,400 per year.

Is Support & Training Included:

The franchise is providing all the training but it will be very helpful to have an additional training from the current owner. Two months paid training and advice.

Purpose For Selling:

Moving out of state

Pros and Cons:

Only 3 competitors in the marketing area. There are not impending changes related to government regulations. There are not new businesses within the last two years. Very desirable business considering social status, visual appeal, profits.

Opportunities and Growth:

Installed capacity to bill over a million dollars!. Territory covered by the plant under the franchise (Winter Garden, Ocoee, Clermont, Windermere, Oakland). There is a Marketing Strategy provided and included in the franchise from the Company. The owner has his own marketing included in the price. The trend of for this industry is to grow as Ecological Laundry. To improve the business just implement a marketing campaign for pick-up and delivery in the territory due to the up-coming new developments in the area.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was started in 2014, making the business 8 years old.

The business has 6 employees and is located in a building with disclosed square footage of 2,500 sq ft.
The building is leased by the business for $6,400 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell operating businesses. However, the genuine factor and the one they tell you might be 2 totally different things. For instance, they might claim "I have way too many various obligations" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might just be justifications to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in profits, or a range of other factors. This is why it is extremely essential that you not rely completely on a seller's word, but rather, use the vendor's answer combined with your total due diligence. This will repaint a much more reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Lots of businesses finance loans in order to cover points such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can suggest that revenue margins are too tight. Lots of businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that have to be fulfilled or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area bring in brand-new clients? Many times, businesses have repeat clients, which create the core of their everyday revenues. Particular elements such as new competitors sprouting up around the area, roadway building and construction, and also personnel turnover can impact repeat clients and adversely influence future revenues. One vital point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business on a regular basis, the higher the chance to construct a returning customer base. A final idea is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? How might the local typical home income effect future revenue prospects?