Legacy Dry Cleaning Business with Real Estate in North Carolina
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Financial Details
- Asking Price:
- $700,000
- Annual Revenue:
- $1,045,000
- Cash Flow / SDE:
- $100,000
- Valuation Multiple:
- 7.0x
- Location:
- NC, US
- Source:
- Date:
- May 01, 2025
Key Highlights
- Well-established dry cleaning business operating for over 70 years.
- Four locations in Forsyth County, NC, with real estate valued at $400,000 included.
- Opportunity to increase revenue through modern marketing and operational improvements.
Description
A well-established dry cleaning business with four locations in Forsyth County, NC, is available for acquisition. The business has been operating for over 70 years and includes real estate valued at $400,000. The business has a loyal customer base and a history of consistent revenue. A new owner could capitalize on the area's growth by implementing modern marketing strategies and operational efficiencies.
Industry Information
- Industry Description:
- Drycleaning and Laundry Services
- Classification:
- Service Businesses
Listing Details
- Listing ID:
- 112527de-f550-4804-93df-7d78da067cc4
- Deal Status:
- For Sale
- Date Posted:
- May 01, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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