Return to broker profile

Profitable Dry Cleaner - Plant and Drop Ship Location

Hamilton County, IN

Profitable Dry Cleaner - Plant and Drop Ship Location
Contact Seller

Asking Price: $285,000

Cash Flow: $62,078

Gross Revenue: $438,160

EBITDA: N/A

FF&E: $250,000

Inventory: $10,000*

Established: 2015

*not included in asking price.

Profitable Dry Cleaner - Plant and Drop Ship Location

Save Print Share Valuation Report

Business Description

Family owned and operated Dry Cleaner in a high traffic area. Cleaner has two locations and offers dry cleaning, shirt laundry, alterations, fluff and fold laundry, VIP service to 6 local hotels, and leather care. Company is a well known dry cleaning provider in the area with a very good web presence.

Revenue has nearly doubled from 2015 to 2018 growing by 82%. Adjusted earnings have also shown significant growth going from a loss in 2015 of $32k to a profit of $62k in 2018. Along with the business comes a high quality line of equipment valued at $200k - $250k. Drop location of the business drives 35% of total revenue while the main location is in a highly trafficked area of over a half a million drivers per day.

Detailed Information

Location:
Hamilton County, IN
Inventory:
Not included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks
Reason for Selling:
relocating
Contact Seller

Contact the Seller

Contact Seller Loading

Michael Berry

Business Listed By:
Michael Berry

Transworld Business Advisors of Indiana

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1630895 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


Clothes Mentor®

Franchise Opportunity In IN
Cash Required: $100,000