Multi-Location Dry Cleaning Plant with Drop Centers

  • 417,600
  • Triangle, NC

This established, non-franchise dry cleaner opened nearly four decades ago to service the Triangle community and have grown it into the multi-location center that it is today.

By owning the dry cleaning plant, the business is able to control costs through insourcing the cleaning services. The business takes in garments at the plant as well as six other drop centers across Raleigh, Chapel Hill, Cary, and Durham, transports them via a company owned & lettered vehicle. The company also offers a variety of garment services including dry cleaning, spot removal, alterations, and leather/suede repair. With the exception of the leather/suede & shoe repair, almost all of the labor is completed by staff members.

– Premium locations across the Triangle.
– Includes a dry-cleaning plant and service van for transportation of garments between facilities.
– A dozen employees with a long work histories.
– Long history in the Triangle; nearly four decades!

Room for growth with capacity to add commercial accounts.

dry cleaner store with shirts on rack

DETAILED INFORMATION

Cash Flow Gross Revenue EBITDA FF&E Inventory Rent Established
$160,000
$750,000
N/A
$350,000
N/A
$20,000/mo
1982

Real Estate: Leased
Building SF: 12,500
Lease Expiration: N/A
Employees: 12
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Seven Drop Centers at approximately 1,200 sq/feet positioned strategically around the Triangle including one 6,000 sq/foot dry cleaning plant with counter for service. All locations are in premium retail locations with excellent parking access.
Growth & Expansion: Plenty of capacity for growth through commercial accounts and advertising.
Support & Training: Two weeks included in purchase price.
Reason for Selling: Retirement and relocation

neal isaacs vr business brokers of the triangle
GET IN TOUCH

CONTACT SELLER