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Alberta Dry Cleaning Plant for sale

Alberta Dry Cleaning Plant Investment Level: 1,490,000 (Plus Inventory) Type of sale: Share Sale Busy Alberta Dry Cleaning Plant that has been in business since 2012 is now available for purchase. Business provides the following services for its growing client base: • Dry Cleaning & Linen Service • Personal/Commercial Laundry Service • Commercial Mat Rentals • Sports Clothing & Equipment Cleaning • Wholesale Cleaning Supplies Business at a glance Building Size: 4000 sq. ft. 3 assigned retail parking in front & 5 stalls at the back. Buyer has the option to rent or purchase the Condo Bay Monthly rent: $ 10,000 + Utilities $2500+ Common Area Costs $1500 Term: 5 years + 5 years Rent Deposit: $10,000. Gross Revenue: 837,000 (2021) 869,000 (2020) 995,000 (2019) Normalized Income: 380,000 (2021) 345,000 (2020) 342,000 (2019) Net Income % of Revenue before Normalization is: 40% for 2021 & 2020. Staff: 8-Full-time and 2-Part-time. Plant equipment estimated value over 1,000,000 Interested parties will be asked to complete a Buyer’s Profile and sign an NDA prior to confidential information being released. Thank you for your interest!

Ad #
39496140
Posted
April 20, 2022
Expiry
July 19, 2022
Status
NOT SOLD
Details
Commercial Seller
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