Opportunity of the Week

Established Dry Cleaner with Earnings Growth

  • Only dry cleaner in this Eastern Oklahoma town 
  • Sellers are extremely motivated to sell
  • FFE and Real Estate value $351,000
  • SDE of over $74,000
  • Trained staff in place
  • Opportunity for growth with extended hours, community outreach, development of satellite drop off locations
  • Compliant with all health and environmental agencies
  • Prime real estate location with high traffic
  • Well maintained equipment in excellent shape
  • Established relationships with private and corporate customer base
  • Owner typically works less than 4 hours a day
  • Sellers Discretionary Earnings growth
  • Some owner financing available to qualified buyers
  • CBI Team can help with financing through our Loans4Biz Program (L4B)
  • If this is not the business for you, but you are interested in acquiring a business, ask us about your Target Acquisition Program (TAP) where you can locate a business that works for your acquisition needs.                                                      

Annual Revenue:

2013: $280,964

2014: $265,553

2015: $241,439

2016: $239,215

Assets:

FF&E Value:        $ 151,000 (Included in Asking Price)

Real Estate Value: $ 200,000 (Included in Asking Price)

 

Asking Price: $ 350,000

 

For more information contact Mark Kincannon at (479)806-0061 or mark.kincannon@cbiteam.com