Profitable Drycleaner Plant and Drop off

Virginia Beach, VA (Virginia Beach City County)

Seller Financing Available
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Asking Price: Get Financing: $499,000

Cash Flow: $132,982

Gross Revenue: $456,183

EBITDA: N/A

FF&E: $250,000

Inventory: $6,000

Established: 2000

Profitable Drycleaner Plant and Drop off

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Business Description

Drycleaner Plant and Dropoff location with very strategic location with good rent, upside and staff in place to help run. Seller states current plant could double volume in current location. This drycleaner is known for its high quality service as people come from NC to get their drycleaning done by them. They charge a bit more, but the others don't meet their quality. Some of the upsides for future growth include: working closer with Navy base, increase advertising and increase route pick ups. Seller willing to train, and can be a resource for any repairs and services in the future. Seller willing to warranty labor on equipment.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Good locations on major roads. Plant can handle more volume without any expansion. Equipment in good shape and Seller will provide warranty.
Competition:
Best quality in the area.
Growth & Expansion:
Develop more routes for pick up, Network with Navy for their business as current owner has contact to provide service, do advertising
Support & Training:
Seller has been in this business for almost 20 years and will provide 2 weeks training.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tim Johnson

Business Listed By:
Tim Johnson

First Choice Business Brokers of Hampton Roads

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