Listing Number: 3233-861227
Description
Prominent local dry cleaning business – with related property – delivering substantial sales and cash flow is ready for new owners!
Investment highlights include:
* Turnkey business provides a range of fabric cleaning, pressing and tailoring services.
* Consistently generates substantial cash flow from large, local customer base.
* Conveniently located on busy commercial and retail street with significant traffic flow.
* Operates in a one-story building on a half-acre lot included with the business sale.
* Well-equipped facility includes washers, dryers, fabric pressing stations and sewing machines as well as sorting bins, racks and storage for cleaning solutions, hangers and garment bags.
The business is being offered with the real estate (building and property), with an asking price of $300,000, making the total transaction value of $950,000.
The retiring business owner is open to providing seller financing and mentoring to qualified buyers for a limited period of time.
Call for more details!
Listing Details
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- Price: $650,000
- Down Payment: $487,500
- Sellers Discretionary Earnings: $222,778
- Total Sales: $635,513
- Location: Cook County, Illinois
- Inventory: $5,000
- FF&E: $165,000
- Employees: 4
- Reason for Selling: Pursuing other interests
- Category: Cleaning/Clothing
ABOUT ESCHBACH ENTERPRISES
Eschbach Enterprises is a comprehensive business advisory consulting firm with expertise in helping you achieve your strategic goals and objectives. The firm’s extensive experience includes business brokerage services for business buyers, sellers, and franchises, as well commercial real estate services, insurance services, business expense reduction, and many additional services which help business owners grow to their maximum potential, or prepare for a planned exit.
Steven Eschbach – President and Founder
Mr. Eschbach is founder and president of Eschbach Enterprises, Inc. (EE), a comprehensive business advisory firm focused on enhancing corporate value to take business owners to their next level of success.
Through the various subsidiaries under the EE umbrella as well as the established affiliations/strategic partnerships he has established in his 40-plus years as a senior financial executive leader, Mr. Eschbach has the direct experience and/or knows subject matter professionals that enables business owners to continue to thrive.
