|Profile No. NA-0922
|Long established Dry Cleaner with excellent reputation.
|NAICS or Sic Code: 812320
|Industry: Drycleaning and Laundry Services
|Gross Sales: $84,000
|Sellers Discretionary Earnings: $24,000
|Value of Assets Included: $50,000
|Asking Price: $35,000
Great opportunity to get into recession proof business!
Colorado Springs Dry Cleaners, long established (30*) years. In current high visibility location for last 10 years. The owners are almost 70 years old and looking to retire. Great family business with upside potential for younger operators.
Currently, they are doing approximately $7,000 per month in sales and expenses are $3,500 per month without wages. In the past, the business has generated $12,000 per month in sales. Equipment is in good working order and business is located in a busy shopping center at the intersection of two major arteries. Dry Cleaning machine does not use perk, hydrocarbon-based cleaning. Industrial dry cleaner and commercial washing machine. Presses for laundry.
Other dry cleaners but this is currently the lowest price point for entry.
A younger couple or family could easily increase revenues. They do no advertising and discount coupons could be offered. A loyalty program would help and other options might be another drop off location, doing cleaning for a home pickup and delivery service, as well as cleaning for restoration businesses in town.