Dry Cleaner in Central Indiana For Sale
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This established dry cleaner in central Indiana for sale is a full plant and shirt laundry located in Hamilton County in an upscale community. It is a well establish drycleaner with the same owner since inception. The cleaner has a full plant with a shirt laundry, all dry cleaning is done on the premises with full tailoring and alteration.
The following are strong investment considerations when assessing this dry cleaner for sale:
- The building size is approximately 5,000 square feet, and completely turn-key.
- The estimated value of the real estate is $1m.
- This location is experiencing a return to pre-COVID revenue and profitability, as indicated by the financials below.
- All of their equipment is less than 6 years old, and in good working order.
- They have ecofriendly dry-cleaning solution (DF200), so it is environmentally friendly with no problem of contamination.
- This dry cleaner has top of the line presses.
- They have (3) up and over conveyors with the capacity to hold more than 2,000 orders.
2021 Sales: $374,000 Cash Flow: $135,000
2020 Sales = $327,109
2019 Sales = $489,687
2018 Sales = $495,534
* Cash Flow = net income + depreciation + amortization + interest + officer’s direct & indirect compensation + non-recurring expenses
This completely turn-key laundry business is an excellent opportunity for an owner operator, as well as a natural add-on to an existing laundry business looking to expand their market area or service offerings.
** For more information regarding this Upscale Central Indiana Dry Cleaner for sale, click the link below. IBA requires a A Non-Disclosure Agreement signature before details can be disclosed**