Dry Clean Business

Phoenix, AZ (Maricopa County)

Dry Clean Business
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Asking Price: $700,000

Cash Flow: $263,608

Gross Revenue: $684,972

EBITDA: $263,608

FF&E: $350,000

Inventory: $5,000*

Rent: $7,000 /Month

Established: 1980

*not included in asking price.

Dry Clean Business

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Business Description

An excellent opportunity to own a profitable, long-established dry cleaning business with multiple streams of income. Personalized customer care separates this business from competitors, and loyal clientele realize the quality and results they get from this Dry Cleaner and spreads the word. They receive stellar reviews on social media and have never had to advertise. There are income streams for expansion. (Current Owners choose to keep it at its present size.) The facility is turnkey, and 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. The Business will qualify 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

Location:
Phoenix, AZ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,344
Lease Expiration:
10/31/2023
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a high income area on Camelback. Next to a high traffic grocery store.
Growth & Expansion:
This business can expand by adding drop stores and a delivery route. Delivering clothes to customers in the high income community it serves.
Financing:
Seller will finance an amount as required for a buyer to get a bank loan.d
Support & Training:
Seller will train the buyer.
Reason for Selling:
Retirement
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(from currently available funds)
 
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David Miller

Business Listed By:
Dave Miller

Small Business America (R), Lafayette Group L.L.C.

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Memberships & Certifications:
Indicates membership in The Arizona Business Brokers Association (AZBBA).

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