Sold
Dry Cleaning and Laundry Services SC2022
This is a dry cleaning and laundry business acquired by current ownership in 2017. What is unique is that the equipment is updated and new/refurbished, and they have the equipment on premise so other dry cleaners and launderers send their product to them to get their work done.
Listed By: Brett Sargent
Background information
Reference:
SC2022
Year established:
2009
Reason selling:
Owner is no longer interested in keeping the business and wants to pursue other
Finance
Sales:
$50,000
Operations
Employees:
3
Equipment:
Included in asking price $90,000
Inventory:
Included in asking price
Premises
Rent and lease terms:
$1,700 /Month
Location:
Sacramento, CA
Opportunities
Growth:
Expansion mainly could be through promoting services to other dry cleaners who do not have equipment on premise to gain their business, along with increased advertising and marketing.
Price and terms
Price:
$50,000
Down payment:
$10,000
Financing:
Seller will finance 20% of purchase price over a 3 year period at 7% interest
Training:
Former owner, before acquisition by current owners in 2017, is still employed and willing to stay on and train the new ownership for 1 week but further necessary time can be negotiated.