Profitable Dry Cleaner and Shirt Laundry w/RE in North-Central IN
This well established dry cleaner and shirt laundry is a full plant operation that does all of the dry cleaning in house. They offer drop off service, as well as a lucrative home and office delivery service to the area. They are rapidly returning to pre-COVID revenue levels. The 5,500 square foot building is included in the sale price. There have been many new equipment purchases in recent years to keep the plant completely up to date. This is a fully turn-key opportunity for a new owner or a perfect add-on for an existing laundry business wanting to expand their market and/or service area. Additional Financial Information: TTM (February 2021 through January 2022) Revenue: $426,797 Cash Flow: $131,141
Internal Id
1666
Growth & Expansion
There are many opportunities for growth with this business and they are rapidly returning to pre-COVID revenue levels. Much of their equipment is new within the last 6 years. Because they currently don't have an active marketing plan in place, a new owner/operator could ramp up revenue by implementing proven marketing methods to the surrounding area.
Support & Training
The seller will ensure full training and complete transition support.
Facilities & Assets
The seller owns the real estate and it is included in the asking price. The total building size is 5,570 with 4,700 dedicated to the dry cleaning and laundry processing area.
Number Of Employees
7
Reason for Selling
Retirement
Financials
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