Dry Cleaners with Multiple locations

Eagan, MN (Dakota County)

Dry Cleaners with Multiple locations
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Asking Price: $600,000

Cash Flow: $215,000

Gross Revenue: $895,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2000

Dry Cleaners with Multiple locations

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Business Description

One plant with four drop stores and two residential routes.
One route brings in approx $75,000 per year. The second route was just acquired in April of 2019 and should bring in approx $200,000 per year.
Projected total gross sales for 2019 should be closer to $1,000,000 and cash flow should be higher..
Most stores and residential routes are located in the South East and West of the Twin cities. Currently absentee owned.
Has new POS system and updated equipment

Detailed Information

Location:
Eagan, MN
Employees:
20+
Facilities:
Plant and all store fronts are in quality areas.
Competition:
Great business to build on. Sellers acquired this business three years ago and have added and expanded
Support & Training:
Sellers will stay on to train along with manager
Reason for Selling:
Partnership issues
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Terry Doyle

Business Listed By:
terry doyle

Metro Business brokers

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