Established Dry Cleaning & Laundry Business for Sale

Treasure Valley

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Founded in 1979, this independent dry cleaning and laundry business offers more than 45 years of operating history, three store locations, and a full management team in place. This is a non-franchise operation, giving a new owner flexibility over business decisions, branding, and future growth.

 

The business provides a broad range of garment care services, including dry cleaning, laundry, alterations, wedding gown cleaning and preservation, specialty textile cleaning and much more. Pickup and delivery services add convenience for customers.

 

Significant expenditures for equipment maintenance and repairs have already been completed. The business operates in a market with limited competition, with existing competitors primarily consisting of franchise operators.

 

Expansion discussions are already underway through a relationship that could lead to two additional store locations, providing a potential path for growth. Plus, a wholesale partnership that will increase revenue by approx. $300-350k a year that just started!


The owner is selling due to health reasons and will provide training and transition support to help the new owner learn the business and assume operations.

Listing Number:

25966

Category:

Dry Cleaners/Laundromat

Location:

Treasure Valley
$2,200,000

Financial Information:

Gross Revenue:

$1,456,664

Listed Price:

$2,200,000

Down Payment:

$0

Total Income:

$476,097

Year Established:

1979

Lease Information:

Square Feet:

0

Total Rent:

$0

Lease Expiration:

07/2029

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$360,000

Inventory:

$5,500

Other Assets:

N/A

Additional Information:

Full-Time Employees:

11

Part-Time Employees:

13

Special License Required:

None

Contract Staff:

1

Training Period:

4 weeks at up to 20 hours per week.

Reason for Selling:

Health Issues

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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Philip Denton
Office: | Cell: (865) 287-4258
License #:

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Established Dry Cleaning & Laundry Business for Sale
Treasure Valley

Listing Number:

25966

Category:

Dry Cleaners/Laundromat

Location:

Treasure Valley

Listed Price:

$2,200,000
brokerPhoto
Philip Denton
Office: | Cell: (865) 287-4258
License #:

Founded in 1979, this independent dry cleaning and laundry business offers more than 45 years of operating history, three store locations, and a full management team in place. This is a non-franchise operation, giving a new owner flexibility over business decisions, branding, and future growth.

 

The business provides a broad range of garment care services, including dry cleaning, laundry, alterations, wedding gown cleaning and preservation, specialty textile cleaning and much more. Pickup and delivery services add convenience for customers.

 

Significant expenditures for equipment maintenance and repairs have already been completed. The business operates in a market with limited competition, with existing competitors primarily consisting of franchise operators.

 

Expansion discussions are already underway through a relationship that could lead to two additional store locations, providing a potential path for growth. Plus, a wholesale partnership that will increase revenue by approx. $300-350k a year that just started!


The owner is selling due to health reasons and will provide training and transition support to help the new owner learn the business and assume operations.

Financial Information

Gross Revenue:

$1,456,664

Listed Price:

$2,200,000

Down Payment:

$0

Total Income:

$476,097

Year Established:

1979

Lease Information

Square Feet:

0

Total Rent:

$0

Lease Expiration:

07/2029

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$360,000

Inventory:

$5,500

Other Assets:

N/A

Additional Information

Full-Time Employees:

11

Part-Time Employees:

13

Special License Required:

None

Contract Staff:

1

Training Period:

4 weeks at up to 20 hours per week.

Reason for Selling:

Health Issues

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.