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Financial Information

Asking Price: $225,000

EBITDA: $81,000

Gross Revenue: $265,000

Cash Flow: $81,000

FF & E: $106,000

Inventory: $3,000

Financing: No

Business Location

Metro Atlanta

Description

One of Atlanta s finest! This is an opportunity you must investigate if you want to own a money-maker. This cleaners has been in the same location for over 40 years. The current owner has made an excellent income for the last 22 years, but is ready to retire. The store has great visibility from a major six lane highway, and the entire shopping center has been recently remodeled. The location has easy access with a drive-thru and ample parking. There is a very large repeat customer base that demands quality work, but is willing to pay a fair price. This is not a discount marginal operation. All the equipment has been well maintained, and updated as required. One of the keys to this owner s profitability is the fact that his lease is very affordable. A new owner, with one or two pickup locations, could increase cash flow dramatically. Currently all sales are retail, with about 20% of volume coming from shirts. Although there is competition in the area, the reputation of this shop rises above them all!

REASON FOR SALE

Retirement

Details

Home Based:
No
Year Established:
1968
Franchise:
No
Relocatable:
No
Real Estate Available:
No
Real Estate Included:
No
Full Time Employees:
6
Part Time Employees:
3

Doreen Morgan

CEO and Managing Director
770-936-9099 x 800

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