Businesses For Sale > Business For Sale in Dayton / Montgomery Co., Ohio (OH)
Specialty Dry Cleaning Plant for sale in Dayton / Montgomery Co., OH
Dayton / Montgomery Co., Ohio (OH)
Asking Price: |
Gross: |
Cash Flow: |
$ 425,000 |
$ 450,000 |
$ 145,000 |
Furniture and Fixtures Value:
$ 263,000 (included in the asking price)
Inventory Value:
$ 3,000 (included in the asking price)
Business Summary:
This dry cleaning business is locally owned and operated and was established in 1962 as the only drapery dry cleaning plant serving the Dayton and surrounding areas. The current owner has operated the business since 1999. They provide a service of removal, cleaning and re installation of drapery and assorted window treatments for the residential and commercial markets. The company also offers service to walk-in customers for cleaning of drapery and household textiles such as bedding, tablecloths, slip covers and the like. In 2000, the owner diversified the business by adding a profit center by offering garment and household textile restoration cleaning to the insurance claims industry. This service provides salvage dry cleaning and deodorization of garments and household textiles affected by fire, smoke and water damage losses to homeowners and serves a 50 mile radius of the Dayton area. The business is an ECO Solv facility which utilizes odorless and colorless solvent cleaning which is a great selling point to consumers. The business could double its current volume without any additional equipment required. Assets include $3,000 of inventory and $263,000 of equipment, fixtures and vehicles (newer models). Asking price is $425,000. Terms available.
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Year
Business was Established: 1962 |
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Number of Employees:
3 F/T 1P/T |
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Facilities / Terms of Lease:
5 year assignment to new owner |
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Potential
Growth/Expansion:
Target commercial linen rental, tuxedo rental.
Offer other retail dry cleaners services that they do not provide such as area rug cleaning, drapery cleaning or specialized hand cleaning of articles. |
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Competition:
Three other restorator companies Dayton & Cincinnati
No other drapery cleaning companies locally. |
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Owner
willing to finance:
yes |
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Owner
willing to train:
yes |
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Reason for selling:
Retiring |
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Seller Reference Number: 36452
BusinessMart.com Listing Number: 139851 |
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To request more information
on this business
please fill out the form shown right
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