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Well Established Dry Cleaners

Alexandria, VA (Fairfax County)

Well Established Dry Cleaners
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Asking Price: $550,000

Cash Flow: $278,000

Gross Revenue: $977,000

EBITDA: N/A

FF&E: $200,000

Inventory: $5,000

Lease Rate: $5,936 /Month

Established: 2003

Well Established Dry Cleaners

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Business Description

Well established dry cleaners with multiple outlets. Full service centralized operation has 2 DC pickup locations in high density areas. Operation includes 4 late model wrapped vans, and $200,000 worth of cleaning equipment. Owner is retiring and happy to pass on the reins. The business has been in operation for 15 years and has a steady customer base. Management is in place and can be run absentee. A new government contract is in the works, that the owner is happy to assist the new owner in procuring, which would be a significant addition to revenue. For more information,
Call Jeff at 703-623-5575

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,250
Lease Expiration:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The main facility is in a large shopping center off Rt.1 and has a processing capacity of $3M worth of clothes. It's currently running at about 33%. A new owner would be wise to set up additional remote locations to take advantage of this excess capacity.
Support & Training:
2 weeks and on going support by phone and in acquiring new contracts.
Reason for Selling:
Retiring
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(from currently available funds)
 
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Jeff neuburg

Business Listed By:
Jeff neuburg

Doug Jackson

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Sponsoring Broker:
Doug Jackson

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