Elite Dry Cleaner with Robust Community Standing
$1,920,000
Real estate included
The property comes with the business.
Training included
The seller will help you get up to speed after closing.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
Premier dry cleaning business in western Indiana's upscale university setting, rated #1 in the community with a loyal client base. Offers a hands-on owner operator opportunity with significant income potential. Long-established, 2nd generation ownership with real estate appraised at $1,300,000. A stable, owner-operated business in a large college town.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$1,920,000
- Annual Revenue$317,105
- SDE$243,001
- 7.9×
- Price to SDE
- 6.1×
- Price to revenue
- 77%
- SDE margin
- Annual Profit
- $243,001
- Approx. Inventory Value
- $8,000
- Approximate FF&E
- $160,000
Details
- 1961
- Established · 65 yrs
- 6
- Employees
- Dry Cleaner
- Business type
- Owned · sold separately
- Premises
Financing & transition
- Training after the sale
- Included
- Cost
- Free
- Duration
- 30 days
Property & lease
- Premises
- Owned
- Included in Sale Price
- No
- Property Price
- $1,300,000
Where it is · Indianapolis, Indiana
Somewhere in Indianapolis, Indiana. The exact address is not on this listing.
Ad#:135
The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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