Dual Location, Hi-Capacity Commercial Canton Dry Clean Winner

Canton, GA
Asking Price:$289,900
Gross Revenue:$372,000
EBITDA:$158,000
Established Year:2005
Cash Flow:$158,000
Inventory:$12,000
FF&E:$188,000
BUSINESS DESCRIPTION

Premium Location- Cleanly Run Hi Profit Operation

SELLER RELO BRINGS THIS AWESOME ENTERPRISE TO MARKET... $31,000 CURRENT/ AVERAGE MO GROSS SALES, THIS STRONG DRY CLEAN OPERATION IS NETTING OWNER HANDSOME RETURNS… Boasting dual-locations, this business is established 18 yrs in the center of very high-growth communities servicing the Canton area… Motivated owners are relocating to be closer to family- prepared to pass this gem to the new owner. (1,540 sq ft) ($17,350 current/ average mo sales at production facility). Secondary location is ‘pick up & delivery’ only (in very popular area) (1,800 sq ft) Woodstock, GA 30188 ($12,608 current/ average mo sales). This is 100% turn key operation with (5) well trained outside employees (excluding owner) on “scheduled rotation” with (2) as W-2, and (3) cash. Operation is run & managed by the owners- can easily be converted to "semi absentee owner" if desired... This is an asset sale (no real property being sold); conveyance of everything related to this business- tangible and intangible. AND is an "environmentally safe- non toxic" dry clean operation, the most favorable to own because of its marketing appeal to customers- which can provide a HUGE marketing advantage... Add to that, most dry clean machines are 40 lb, this is an OVERSIZED 60 LB, which means you can plan for HIGH CAPACITY production and scalability for years to come... Purchase on Monday, Tuesday you’re open for business… Here are your current 2023 financial inputs, per owner, to determine cash flow- all verifiable/documented during Due Diligence: Rent is reasonable at $2,765 mo w/ CAM (primary location). Secondary pickup location is $3,275 mo w/ CAM. (5) employees- wages $8,900 mo (excluding executive pay); total mo utilities $770; monthly credit card charges $440; insurance $250 mo. Internet/phone $240 mo. Supplies $400 mo. Total average expenses mo = $17,100. Total average sales mo = $31,000. So… [MONTHLY EBITDA OR CASH FLOW = approx $13,000-$15,000]. Hours: Monday-Friday 7a.m. to 5p.m. Saturday 8-5. Touch screen Point-of-Sale registers. Owner doesn’t spend a nickel advertising to achieve these numbers- just enjoying foot traffic in plaza! Apply some aggressive marketing & social media advertising- gain add’l commercial accounts like local hospitals, hotels, corporate accounts like police/ fire dept, service oriented firms, etc and watch monthly sales zoom… Google “Canton” this is a VERY HIGH-GROWTH N. Atlanta upscale area! This is private label- no franchise fees. Owner will generously deliver this business “as it stands today” with all equipment (FFE too of course)- and train you thoroughly, for a smooth hand off… This dual-location business is aggressively priced- has a markedly upward trend, and can provide a sustainable operation that can yield robust dividends to your family or business portfolio for a lifetime of financial independence. No seller financing- sorry. No SBA... A must see solid company family-built and owned, ready for delivery to new owner. Confidential appt w/ business broker ONLY please for a personal tour of business- Kindly DO NOT speak to staff… Before calling our office, 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
Canton, GA
Inventory
Not Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All assets convey with sale
Competition
This area of N. Atlanta is undergoing explosive residential & business growth
Growth & Expansion
Owner is not advertising at all to achieve these sales figures; so there is tremendous upside
Financing
Non-business loan buyers only... Cash or home equity loans OK. No seller financing
Support & Training
Up to 15 days training
Reason for Selling
Owner and wife seeking to relocate to be closer to family
Report an Issue with this listing
profile-img
Michael
Migliore
logo-img
Michael Migliore