Dry Cleaner & Textile Restoration Company
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $725000
Net Profit / Cash Flow $197100
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks
Reason for Sale Pursue other interests
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 textile 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.
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