Buckhead Powerhouse Dry Clean Operation: 31 Year Location!!

Sandy Spgs, GA
Asking Price:$225,000
Gross Revenue:$252,000
EBITDA:$132,000
Established Year:1992
Cash Flow:$132,000
Inventory:$7,000
FF&E:$110,000
BUSINESS DESCRIPTION

Amazing Location for Quality Business/ Retirement Forces Sale

EXCITING NEW LISTING- IN ONE OF THE WEALTHIEST ZIP CODES IN ATLANTA- N BUCKHEAD/ SANDY SPRINGS RIGHT OFF I-285 EXIT resides this diamond of an enterprise at this bustling Publix Shopping Center! 31 years established!! Owner called and said “Mike it’s time for me to retire!” This is a “Green” dry clean operation, with an environmentally-safe dry clean system- which can be a strong competitive marketing advantage for gaining new customers. Open hours: 7am-7pm five days a week/ Sat 9am-5pm. 1,400 sq ft location, business name is “Alpine Cleaners of Sandy Springs” located at 6300 Powers Ferry Rd NW, Atlanta, GA 30339. Rent $5,500 incl CAM w/ 3 yrs remaining (will be renewed & extended). P&L/ EBITDA data per owner, to determine your cash flow: Sales average $21,000 month. (1) W-2 employee very stable on her 9th year (part time), @ $2,200/ mo wages- she works 6.30am-1pm during production days. Utilities $1,200/ mo. CC fees $200/ mo. Insurance $275/ mo. CGS $500/ mo. Monthly net EBITDA to owner averages $10,000-$12,000. This is with ZERO advertising- owner is merely servicing walk-ins from Publix parking lot! Note this is “mom & pop” operated by the family. It is not absentee... Equipment is very expensive- but is very NEW!! 45 lb “environmentally safe/go green” dry clean machine only 6 yrs old; hot water heater 12 mos old; boiler 3.5 yrs old... Dual computers running “Software Smart” touch screen. Equipment is industrial grade and can last decades- so you have a solid, robust operation. LOCATION LOCATION LOCATION! Directly off I-285 in the mecca of the upscale suburb of Buckhead- indeed there’s TREMENDOUS upside revenue growth to be harvested. Imagine how you can ignite revenue by implementing some creative marketing/ social media advertising? And getting commercial business accounts with the DOZENS of affluent hotels within the 5 mile radius?? There is a brand new Italian Pizza Oven restaurant that just opened directly next door- that is bringing a huge new audience to this location... This is a sustainable, clean, established business that can be dramatically expanded in operation, scale, and profit- and yield a lifetime of financial independence to your staff or family. PRICED RIGHT TOO! Everything conveys- if you close Monday, Tuesday morning your cash register is rock’n! Owner will personally train you thoroughly to ensure a smooth handoff; don’t pass this gem up… Cash only sale- no business loans no seller fin please. Confidential appt w/ business broker ONLY please for a personal tour of business- Kindly DO NOT speak to staff… Before calling our office phone, please email request for "Buyer Info Packet" which will provide details to business operation. Ask for Mike at Atlanta’s #1 business brokerage firm- which has been family run & serving local business owners & buyers for 33 years… Visit our website for all contact info. Thank you.


DETAILED INFORMATION
Location
Sandy Spgs, GA
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
EVERYTHING remains... Full business & asset sale
Competition
Owner is not doing anything ambitious with marketing the business. It is working at a fraction of capacity
Growth & Expansion
Lots of commercial & hotel accounts in the area to secure
Financing
No financing options. Cash 'n carry.
Support & Training
Up to 15 days training; with post-closing support
Reason for Selling
Retirement. Wants to go home...
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Michael
Migliore
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Michael Migliore