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.
Washington County, MN
Business is owner operated. Has many loyal and repeat customers Cash flow is based on new owner being a full time owner operator
This dry cleaning business has been providing essential & exceptional services for over 75 years. Independently owned and operated, their services include high quality dry cleaning, spot removal, shirt laundry services, alterations and specialty cleaning. A diverse customer base and large repeat business has attributed to their success over the years. They service a strong population market north of the metro area. Experienced staff in place makes this a turn key opportunity. Building & Real Estate is also for sale. All equipment is in good working order and will go with the sale. SBA financing available for a qualified individual with a lower down payment. A great opportunity for someone in the industry or someone with a management/customer service background. An existing firm looking to expand into this geographic area would also be a great fit. The asking price and cash flow include both the business and building. For more information please call Rich Kelm at 651-288-1625.
Own a turn-key coin laundry and dry cleaning drop counter in a great area on a high traffic count road. Open 45 years in the same location. Near multiple colleges and always rented are the two – 2 bedroom, 1 bathroom approximately 900 square foot apartments. Add this location to your existing laundry portfolio. Growth opportunity: currently there is no website or advertising being utilized. Own a turn-key coin laundry and dry cleaning drop counter with real estate. Asking price is $310K. This includes land, building, inventory, furniture, equipment and fixtures. Seller financing with $200K Down Payment For more information, contact Phil Marvets, Sunbelt Business Brokers. (612) 843-0082. email@example.com
Coin laundromat is in a 6,186 SF retail freestanding building built in 1969. The building is fully leased out with the laundromat currently occupying around 4,000 sf where the remaining square footage is occupied by a tanning studio. The adjacent side where the tanning studio is located can be renovated to accommodate a dry cleaners, shoe repair, drapery cleaning, etc. The building is located on a busy intersection with over 15 parking stalls allocated. In this current market sector this is the only formidable laundromat in the area. They have a tremendous amount of foot traffic and ideal demographics to support the business. In this current market sector this is the only formidable laundromat in the area. They have a tremendous amount of foot traffic and ideal demographics to support the business. The business has cash flowed over $250,000 for the last 3 years with strong trends this year. The owner is willing to offer seller financing to a qualified buyer.
Dry cleaning unit for sale! Good mix of commercial accounts along with in-store accounts. Business is located at 5401 Penn Ave. South Minneapolis. Great visibility off of Penn Ave with heavy traffic from Ace Hardware. Business must sell!
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.
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 business has lots of room to work and expand when needed. The $46,000 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.
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