Dual location commercial Dry Cleaning facility for sale in Canton, Georgia. Asking price $289,900 USD, $175,000 USD in Cash Flow. Need to raise 10% down payment.
Business Description:
RETIREMENT 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 ready to retire and come home- prepared to pass this gem to the new owner. Name of primary/ production location is Pro Cleaners (1,540 sq ft) at 6124 Hickory Flat Hwy B, Canton, GA 30115 ($17,350 current/ average mo sales at production facility). Secondary location is ‘pick up & delivery’ only (in very popular area) named Pride Cleaners (1,800 sq ft) at 6234 Holly Springs Pkwy Ste D-16, 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 $14,000-$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. A must see solid company family-built and owned, ready for delivery to new owner. Please 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
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