LBB Group specializes in transitioning people in and out of businesses. We are business intermediaries who help people buy and sell business, commercial real estate and investment properties. We are M&A Advisers as well, in which, we focus on business values above $5million. Our niche is helping the small business owner transition out of their business successfully and creating a win-win scenario for both sides.
West Metro dry cleaning business established over 70 years.
Award winning full Service dry cleaning & laundry plant with full store front for pick-up & drop-off, plus 2 satellite stores all in premier busy locations (no real estate included). Established over 40 years ago, this business has built a loyal customer base and is recognized for their outstanding quality and customer service. It offers pick up & delivery, same day service, laundry and other cleaning services. All of the assets to successfully operate the business are included in the price. Our client has owned/operated for 20 years and is ready for retirement. For more information contact Jon James at 612-843-0066
This business listing consists of 4 laundromat locations with real estate attached. The owner will entertain selling each unit individually depending on the deal structure. Locations are all metro based and will vary in sq. footage from 2,500 - 3,500. Locations have been recently renovated and consist of flat screen tv's, vending machines, and arcade games. These are owner/operator units with cash flow at $300,000 and real estate attached. One location may have some redevelopment opportunities as well. Assets include front loading machines along with stacker dryers. Each unit can be purchased individually depending on the deal structure.
Self Service Car Wash & Laundromat For Sale $495,000 with the 7 Commercial Vacant Lots For More Information Contact Jim Callahan J.H. Callahan and Associates firstname.lastname@example.org 651-455-8858 Office 612-701-3978 Cellular
Saint Paul, MN
Established 40 years in two locations. Full service laundry and dry cleaning. One facility houses the plant, the other is equipped for laundry services. Extensive equipment package included for both operations. Solid sales and profits. Owner operator estimated cash flow about $185,000. Facilities- 5000 square feet for one and 1000 square feet for the second- are leased; rent about $2750 and $1750 respectively. Twelve employees-can be reduced by owner operator by at least two positions. Sales about $456,000 in 2014; about 65% dry clean and 35% laundry. Recent upgrades in equipment (dry cleaning machine and shirt machine).
This is a unique opportunity to own a turnkey well-established business that has served the community for over 30 years. Owner is semi-absentee (6 hrs/week) with 2 part time employees. Business generates steady sales and cash flow providing coin operated laundry and drop counter dry cleaning services. The store has auto locks on doors and automated lighting with store opening and closing. Lease is assumable with long time landlord.
This business has lots of room to work and expand when needed. The $56,000 cash flow is achieved by closing a drop store and reducing costs associated with that store and assuming the seller/ landlord will agree to $1,000 per month plus real estate taxes as rent for the plant.
The projected cash flow for 2015 will be closer to Approx $214,000. This cash flow number will be arrived at by eliminating several one time costs paid in 2015 and closing down one drop store. The cash flow is arrived at by the new owner doing the manager duties at the plant. If new owner wanted to just mange the business, he would have to hire a full time plant manager of about $35,000 per year. So the cash flow to a owner manager would be $147,000 in 2014 and projected $180,000 in 2015.
Owner has owned and operated this store for the last 20 years. Has a nice customer friendly feel. A new owner will have to work this laundry full time to make the $25,000 the seller reports as income.
Eden Prairie, MN
This business has a great history of customer service and many repeat customers.. It is one of the longest established dry cleaners in town. Cash flow of approx $76,000 is assuming new owner will work the store 40 plus hours a week.
This would be a great location for another business to come in and join this dry cleaning business such as Tailoring or a shirt unit business etc.
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