35-Year, Profitable Dry Cleaner in Prime Location; Minimal Competition

Carson City, NV (Washoe County)

Seller Financing Available
35-Year, Profitable Dry Cleaner in Prime Location; Minimal Competition
Contact Seller

Asking Price: $330,000

Cash Flow: $129,053

Gross Revenue: N/A

EBITDA: N/A

FF&E: $101,900

Inventory: N/A

Rent: $3,035 /Month

Established: 1992

35-Year, Profitable Dry Cleaner in Prime Location; Minimal Competition

Save Print Share Valuation Report

Business Description

An excellent opportunity to own a profitable, long-established dry cleaning business with multiple streams of income. For over 25 years, the Owners have been passionate about helping their customers, and have attracted a loyal, life-long following. Personalized customer care separates this business from its only competitor, and loyal clientele realize the quality and results they get from this Dry Cleaners and spread the word. They receive stellar reviews on social media and have never had to advertise. This is not a franchise, and locals in this community support their non-franchise business owners. In addition to a strong repeat customer base, this business brings in revenue through contracts with the State of Nevada Legislature, the local high school, and a local hotel. There is plenty of room for expansion (current Owners choose to keep it at its present size). The facility is turn-key, and two key employees are willing to stay. This is a rapidly growing area, and a motivated Buyer could step in and grow the business to the next level, or enjoy continued year-over-year growth just by running the operation as-is. Current Owners are retiring after a career in the dry cleaning industry and are willing to help a Buyer make a smooth transition into this business. Seller is prepared to carry. Or, the Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Detailed Information

Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A 1,500 sf fully-equipped facility. Over $50,000 of Equipment is included in the sale. The store is visible, easy to access, and offers ample parking.
Competition:
Owner operated for over 25 years, this Dry Cleaners is known for its reasonable prices and above-and-beyond customer service. The commitment and know-how of the Owners and employees has built a solid repeat customer base. Multiple streams of revenue include contracts with the local high school (ROTC and band uniform cleaning), State of Nevada Legislative entities, a local hotel chain, and many repeat customers.
Growth & Expansion:
This fully equipped Dry Cleaners has enjoyed decades of positive growth and the Owners have never needed to seek out more business through advertising. A motivated buyer could grow the company rapidly in many ways: offering coupons and specials to residents and businesses coming to the area, building a website to increase on-line visibility, offering specialty cleaning services (i.e. sneakers), and offering pick-up and delivery service.
Financing:
Seller will carry with an SBA Loan or a Satisfactory Down Payment.
Support & Training:
1 week/negotiable
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1583549 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Mr. Electric

Franchise Opportunity
Capital Required: $83,400