Pickup/Drop Off Dry Clean Winner in Suwanee

Suwanee, GA
Asking Price:$95,000
Gross Revenue:$102,000
EBITDA:$5,000
Established Year:2009
Cash Flow:$5,000
Inventory:$1,200
FF&E:$42,000
BUSINESS DESCRIPTION

Amazing Low Price- To Be Your Own Boss!

NEW LISTING!! AND, LOCATION LOCATION LOCATION- Suwanee! Grossing $102,000-110,000 per year currently, and premium located at the corner of Lawrenceville-Suwanee Rd & Dean Rd in sought-after wealthy Suwanee, GA, this 15+ yr established PICK UP/DROP OFF has the potential to provide substantial additional monthly revenue to your existing dry clean business- at a very affordable price. Or… As an easy-to-manage standalone absentee business- by deploying a marketing campaign and boosting current sales. K Cleaners located at 2090 Lawrenceville-Suwanee Rd in Suwanee, GA. There is no “plant or processing operation” this is ONLY a pickup/ drop off location, so all production for customers is outsourced off-site (dry cleaning, alterations, leather, comforters, etc), keeping this operation CLEAN. The owner has a plant operation, and will process your work for a generous 30/70 split for the first 3 months, and then 40/60 split for perpetuity (most industry splits are 50/50). So for example, every $10,000 in sales, you’re charged $3,000 for first 3 months to have your customer work processed. This business is streamlined and easy to manage since there are no production equipment- and does not need a skilled staff. That said, here are your financials to this business: Average mo sales $9,000 mo (owner/seller has decided to focus on expanding his plant location only- and is not actively growing this pickup/drop off location hence a robust marketing campaign is suggested)/ Lease $1,800 per mo for 1,200 sq ft- lease term to be renegotiated w/ Landlord during escrow period to buyer’s satisfaction- but there is 5 yrs remaining/ wages to (2) outside employees $3,400 mo (only 1 employee needed at this location at a time)/ utilities $200 mo/ CC fees $200 mo/ cleaning fees $0 mo/ phone & Internet fees $72 mo/ maintenance fees $200 mo/ software fees $55 mo… Typical sales day = $490. Top sales day = $800. No debt whatsoever. Owner works zero hours per week at this location… Open: Mon-Fri 8am-6pm, Sat 9am-5pm… This is a full “asset” sale everything within the operation conveys to the new owner. No franchise. And very low priced- makes this a bargain… Owner not spending a nickel on advertising- imagine the potential of implementing an online marketing program with Instagram, Facebook, etc! This is a sustainable, established business that can be dramatically expanded in operation, scale, and profit- other pickup/ drop off locations can do upwards of $45,000 per month, so this location needs an injection of smart marketing, online social media campaign, etc. But has potential to yield a lifetime of financial independence to your staff or family. Everything conveys- if you close Monday, Tuesday morning your cash register is on! Owners will personally train you thoroughly to ensure a smooth handoff. Employees stay… Don’t pass this gem up… Cash only sale- no business loans please. Confidential appt w/ business broker ONLY please for a personal tour of business- Kindly DO NOT speak to staff… 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
Suwanee, GA
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a conventional pick up/drop off dry cleaner business
Competition
There is enormous upside to sales & revenue
Growth & Expansion
There is enormous upside to sales & revenue
Financing
No financing. Cash only purchase. 5 yrs remaining on lease- can be negotiated with LL
Support & Training
Up to 20 days training
Reason for Selling
The owner is seeking to focus and expand his plant operations; and therefore sel
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Michael
Migliore
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Michael Migliore