Profitable Dry Cleaners - Raleigh

Raleigh, NC (Wake County)

Profitable Dry Cleaners - Raleigh
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Asking Price: $315,000

Cash Flow: $100,139

Gross Revenue: $214,202

EBITDA: N/A

FF&E: $90,000

Inventory: N/A

Established: 1975

Profitable Dry Cleaners - Raleigh

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Business Description

Established Dry Cleaner in excellent location

You will not find a dry cleaning business which has long proven quality work, great customer service, and a very loyal clientele for the last 36 years with the current owners and over 44 years with the same locally known name. It provides full dry cleaning, laundry, and alterations. It also has a license to do shoe repair. This cleaner has 2ft and 1 pt hard working employee that that works along with the owner who together strive to please each customer that walks through their doors on a daily basis. The owner would like a new buyer with drive and ambition to take over this well-established business and experience the same satisfaction of this great location.

Detailed Information

Location:
Raleigh, NC
Employees:
2FT 1PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The dry cleaner has a customer service counter, drive through window, conveyor racking systems and dry cleaning, laundry and pressing machines. The location has ample parking for its customers. The business has all of the machines necessary to do this business which includes all press machines ,industrial dry cleaning machine,industrial washer and dryers etc.
Competition:
There are few cleaners within the immediate area / especially with a highly assessible location
Growth & Expansion:
Growth & Expansion could be HUGE at this location. With N. Raleigh and many hotels near by, a new buyer could come in a explode this business targeting the growing hospitality market. Also new apartments and businesses continue to flood this area. This location with a little work, could be a goldmine for the right buyer.
Support & Training:
Owner will provide transitional training
Reason for Selling:
Retirement
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Tim Martin

Business Listed By:
Tim Martin

Empire Business Brokers Inc.

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