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Profitable Dry Cleaner - Plant and Drop Ship Location

Hamilton County, IN

Profitable Dry Cleaner - Plant and Drop Ship Location
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Asking Price: $285,000

Cash Flow: $62,078

Gross Revenue: $438,160


FF&E: $250,000

Inventory: $10,000*

Established: 2015

*not included in asking price.

Profitable Dry Cleaner - Plant and Drop Ship Location

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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

Hamilton County, IN
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks
Reason for Selling:
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Michael Berry

Business Listed By:
Michael Berry

Transworld Business Advisors of Indiana

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