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One-price Discount Dry Cleaners

Lynchburg, Virginia (Lynchburg City County)

Services - Drycleaning/Laundry

Asking Price $275,000 Inventory $6,800* 
Gross Income 268,597 Real Estate $325,000** 
Cash Flow $60,438 Year Established 2006
FF&E $151,484* Employees 11

* included in the asking price

** not included in the asking price

This dry cleaning business has a proven, successful selling proposition. Dry cleaning and laundry is done for all clothing at a $1.50 for each wearable garment! The store is designed for high volume with all cleaning equipment located on-site with same day service also offered at this discounted price. Other cleaners are not designed for volume so they can not drop their prices to compete and the low pricing discourages other competition from moving into town. One hundred percent of sales are retail over-the-counter providing excellent profits for the owner. The seller has built and opened one-hundred-twenty-two discount dry cleaners across the Country. The concept was developed in the 1990's and is proven. This location opened in November 2006 and is the only discount cleaner in this new market. In its first ten months, the business is profitable, has exceeded revenue forecasts, and is consistently processing seven to eight hundred pieces per day. There is also opportunity to open satellite stores in this market and new discount cleaners in other nearby markets. This is a great opportunity for someone to own their own business, immediately earn profits, and have significant future upside potential!

Facilities: 2,338 square foot facility located on .477 acre corner lot. Easy in-and-out and great street visibility. Renovated and expanded in 2006. Real estate is offered for sale for $350,000 (not included in business asking price)

Competition: Only discount cleaners located in this market. Other cleaners are not built for volume so they can not lower their price to compete. Low pricing also discourages competition from moving into town.

Growth/Expansion: In its first 10 months, this store has exceeded forecast and is profitable. Similar sized stores in other markets are doing over $500,000 in volume which represents a realistic potential for this store.

Financing: Seller will consider partial financing for a qualified buyer

Support/Training: Seller will train for 30 days at no charge. On-going support will be provided after the initial 30 day training period. Cost for this service will be negotiated.

Reason Selling: Corporate program - Open and establish store and then sell

AD # 336433

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