Successful Linen Dry Cleaning Business

Duluth, GA (Gwinnett County)

Successful Linen Dry Cleaning Business
Contact Seller

Asking Price: $320,000

Cash Flow: $97,194

Gross Revenue: $248,020

EBITDA: N/A

FF&E: $120,000

Inventory: $6,000*

Rent: $2,827.29 /Month

Established: 2000

*not included in asking price.

Successful Linen Dry Cleaning Business

Save Print Share Valuation Report

Business Description

This five-star dry cleaning business provides outstanding linen and dry-cleaning services to the Gwinnett county community. They have successfully operated in this market for the last twenty years. Linen cleaning for banquet hall and party companies is the heart of their business as 90% of revenues come from linen cleaning services and 10% come from walk-in dry-cleaning customers. They have built solid relationships with their linen accounts, servicing them weekly for 20 years or more. This business is easily accessible, located close to the interstate and also offer the convenience of drive-thru service. They also provide pickup and delivery service for all linen accounts. This is an opportunity to take over a great business with established accounts that will always have a demand for their services. This business has also been pre-approved for SBA financing.

Detailed Information

Location:
Duluth, GA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
8/30/2021
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Locate is 1800 sq. ft. leased space with drive thru near interstate.
Reason for Selling:
Owner is retiring.
Contact Seller

Contact the Seller

Contact Seller Loading

Tim Dalton

Business Listed By:
Tim Dalton

Integra Business Brokers

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1666859 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


Petland

Franchise Opportunity In GA
Cash Required: $100,000