Laundry and Dry Cleaner Serving Denver Metro
- Listing Id: 2777
- Broker Name: Ross Haymes
- Category: Dry Cleaners
- Asking Price: $490,000.00
- EBITDA: $12,101.00
- Real Estate: $675,000.00
- Cash Flow: $197,100.00
- Inventory: $1,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $725,000.00
- FF&E: $125,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Denver
- State: CO
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
This profitable business includes a drop-off store front location in the bustling south metro area, a dry cleaning plant and customer service shop that is located in a storefront in prosperous strip, and a back-shop fabric restoration business that reconditions clothing and furnishings that have suffered smoke and water damage. The storefront locations have a solid business and a reputation for quality service. Their customers have multiple choices from lower-priced competitors, but have chosen to continue to patronize these shops. The textile restoration business represents the greater opportunity for top-line and bottom line expansion. The current owner has spent his time running the storefront locations and has not focused on building connections with restoration companies and insurance adjusters. The new owner could significantly boost sales and profits with some focused marketing in this segment.
Financial Summary
N/A
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