Profitable Eco-Friendly Dry Cleaning and Laundry Services Business in Eastern Ontario

Business Description

This dry cleaner and laundry business is situated in a prime location and uses the latest in eco-friendly equipment. The business has relied on its faithful clientele for decades. The business operates two off-location depots and could support more depots in the area. There is potential for commercial contracts such as hotels or institutions to grow the business further. Excellent opportunity for an existing operator looking to expand his footprint or for an individual looking to enter the market or for an investor. The owner relies on his well-trained staff to operate the day-to-day business. The asking price includes $5,000 in inventory.

Details

Business ID: OTTA0079
Business Category: Personal and Laundry Services
Location: Ontario, Eastern Ontario, Cornwall
Financing: Available
Status: New

Company Information

Year Established: 1964
Franchise: No
Number of Employees: 4

Financial Information

Asking Price: $ 249,000
Gross Revenue: $ 179,500
SDE: $ 116,000
FF&E (included): On request
Inventory: $ 5,000
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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