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Very Profitable Dry Cleaner and Coin Operated Laundromat

Price: $599,000

Location: Bozeman MT

Industry: Service Businesses

This is an impressive Dry Cleaning and Coin Operated Laundromat with three locations. One full-service, dry-cleaning and coin-operated laundromat , one drop-off laundry with wash & fold and coin operated laundromat, and one drop-off location. This Business is successful and has been in operation for 15 years. The gross sales and profits are trending upwards. The dry cleaning equipment is in good to excellent condition. The leases in place are solid and willing to extend the terms. The Business has a full list of long- term retail and commercial customers. The Company operates a regular delivery and pick-up service. The Hydrocarbon Dry Cleaning is environmentally friendly and EPA approved (Ecosolve). The coin-operated laundromats have equipment that are in good condition. The owner is “absentee” from the Business with a strong manager in place for the day to day operations. The manager has been with the company from the beginning (15 years). The main dry-cleaning plant (running at 70% of capacity).

Listing Details

Total Sales: $650,000

Cash Flow: $174,000

FFE: $243,000 (Included in Price)

Inventory: $5,000 (Included in Price)

Reason For Sale:

other business interest

Training & Support:

2 weeks 40 hours per week

Operation

Year Established: 2003

Owner Hours Per Week: Absentee

Employees: 5ft/4pt

Managers: yes

Absentee Owner?: Yes

Location

Security on Lease: yes will to extend long term

Summary

Competition:

Very little competition in this area

Potential Growth:

The area is expanding greatly, which is creating strong demand for this business

Financing/Terms:

Seller Financing Possible