Multi-Location Dry Cleaning & Laundry Company

Ohio

Asking Price: $5,300,000
Business For Sale Details
Listed on Jul 16, 2024

This is an exciting opportunity to acquire a well and highly established, Midwest-owned dry cleaning business with multiple locations. Whether you’re an experienced business owner or a first-time entrepreneur, this could be your golden ticket. Strategically placed in and around a major city, the company boasts a dedicated and experienced team committed to delivering exceptional customer service.

As people seek more free time, they are willing to pay others to maintain their wardrobe and household fabric goods causing an increase in the demand for dry cleaning services. This dry cleaner has built a solid reputation over the years serving a loyal customer base while enjoying positive referrals and on-line reviews. Adapting with evolving customer needs, the company has added valet and other specialized services to their many other offerings, which we consider a proprietary. Their pick-up and delivery system could be developed into a licensed business model.

The owner works full-time in the business overseeing operations, managers, accounting as well as coordinating all marketing, and repairs.
The main production facility, which houses all the equipment, is included in the Purchase Price of the business. A new owner will assume several leased facilities where the business operates both drop off and pick-up locations as well some remote production and plants.



Please note that this is a CONFIDENTIAL offering. A required buyer net worth statement or submitted Business Acquisition Qualification Report along with non-disclosure agreements, will be required to preview the opportunity beyond this listing description.

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Financials (USD)

Asking Price $5,300,000

Cash Flow $550,000

Sales $3,700,000

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? Yes

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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