Laundry & Dry Cleaning

Business
  • Listing# : 14003
  • Listed Price : $725,000
  • Total Sales : $1,065,393
  • SIC : 7219
  • Down Payment : $725,000
  • Status : Active
  • Discretionary Earnings : $212,111

Business Type :

Cleaning / Cleaning/Clothing

Business Description :

This regional chain provides laundry/dry cleaning services through multiple retail service locations. The Company also provides wholesale laundry/dry cleaning to two service locations not owned or operated by the Company. In addition, the Company has an agreement to supply laundry/dry cleaning services to a large commercial account. Company vehicles pick up laundry from the service locations, deliver it to the dedicated Company-owned plant where the cleaning work is performed after which it is returned to the service locations. It should be noted for environmental concerns that the Company's "dry cleaning" process utilizes organic petroleum-based hydrocarbon cleaning solvents NOT perchloroethelene ("perc" or PCE) solvents which have been shown to be a contaminant.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $725,000
    • Incl : Available
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $340,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $340,000
    • Incl : Yes

Lender Prequalified: No

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Cleaning