A plant-on-premises dry cleaner with two drop stores and pickup routes.
This business has been sold. The listing is no longer available. Browse similar businesses.
$540,000
SBA prequalified
A lender has already reviewed this business for SBA financing.
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
Riverbend Dry Cleaning runs an environmentally friendly wet-cleaning plant, two satellite drop stores, and home-delivery routes serving 1,800 households.
What's included
Wet-cleaning machines, pressing equipment, conveyor, two delivery vans, and drop-store leases.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$540,000
- Annual Revenue$960,000
- SDE$198,000
- 2.7×
- Price to SDE
- 0.6×
- Price to revenue
- 21%
- SDE margin
- Annual Profit
- $172,000
Details
- 2001
- Established · 25 yrs
- 15
- Employees
- 45
- Owner hours per week
- Dry Cleaner
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- Yes
- SBA Prequalified
- Yes
- Training after the sale
- Included
- Cost
- Free
- Duration
- 90 days
Property & lease
- Premises
- Leased
- Total Area
- 4,400 sq. ft.
- Rent (monthly)
- $6,800
Where it is · Austin, TX
Approximate location. The exact address is shared once you connect with the broker.
Ad#:7282
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