1. Home
  2. Businesses for Sale
  3. North Carolina
  4. Dry Cleaning/ Laundry Services
This Business has been Sold!
Closing Date: 01/22/2018

Business for Sale Summary

Dry Cleaners - 30083

Business Type: dry cleaning/ laundry services
Sold
Dry Cleaners
On January 22nd 2018, The Undersigned
Acted as the Advisor to the Deal
David McPherson
David McPherson Senior Broker
Servicing: Horry County SC, Alamance County NC, Cumberland County NC, Durham County NC, Guilford County NC, Mecklenburg County NC, Orange County NC, Wake County NC
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $230,000 Down Payment $230,000
Gross Revenues $270,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View

Financing

$230,000 Down and

Business Description

Popular dry cleaners and shirt laundry with great location on the edge of downtown, and adjacent to the most affluent residential section of the city. This town is undergoing mjor revitalization, and is now experiencing considerable growth. This business has been under the same ownership since 1960, and has a strong local following. Sales volume and profits have been very consistent over many years. Aside from walk-in trade, they offer a pick-up and delivery service, which includes servicing to all the hotels in the area. Employees are all well-experienced, and are able to do alterations. Also, this business is one of the very few facilities in the entire state that does onside leather and suade cleaning. Landlord is scheduled to improve and repave the parking lot. Owner is only selling due to health reasons. Great opportunity for a new owner who would like to be more aggressive in marketing to this growing area.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.