101 Year Old Dry Cleaning & Laundry Business
Opportunity to purchase an established dry cleaning and laundry business with an excellent reputation and long-term customer relationships. Company still operates from original location. Main product lines include dry cleaning, wet cleaning, laundry, alterations, restorations and some leather and suede. It has residential and commercial customers. Company has a lot of equipment and a 5,000 sq. ft. well-maintained building which it owns. Few local dry cleaners left in the region. Population base within 100 kms is estimated at 700,000. Owner is retiring and is last family member of the business. New owner can continue repositioning as a regional textile care center and as specialists in garments, textiles, uniforms, and restoration, leveraging the 101-year-old brand.
Location
Located in downtown - CBD
Employees
8
Real Estate
Real Property Included
Trading Hours
Monday to Friday - 7:00 am - 6:00 pm Saturday 8:00 am - 1:00 pm
Management Type
This business is owner operated.
Premises Details
Building is owner occupied, sized at 5,000 sq ft. Steel roof with an annual maintenance program. Newer facade and front windows. Building exterior painted in 2025. 240 volt, 600 amp three phase power. Plumbing is copper & ABS. Two high pressure steam boilers, one at 15 hp and other at 25 hp. Building is alarmed. There is no basement.
Support & Training
Owner is willing to provide some training.
Expansion Potential
Continue expand commercial accounts and expand services such as restorations, uniforms, area rugs, wedding gowns, alternations. There is much potential is reaching a larger percentage of prospects within trade area. Company has not maximized use of technology to track customers, manage its workflow and for marketing.
Size In Square Feet
5,000
Competition / Market
Only two dry cleaners left in immediate area. Owner has more equipment and chemicals than most dry cleaners. Owner has competency to use chemical formulations to solve customer cleaning problems.
Reason for Selling
Owner is older - retirement
Financials
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