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Asking Price$2,750,000
Revenue$3,000,000 Established1983
Cash Flow$500,000 Employees35 full-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is the largest commercial dry cleaners/laundry business in the Seattle market. It has been operation for over 35 years, and has recently expanded into a new "state of the art" plant. The free standing 16,500 sq ft plant has new equipment including boilers, hot water tanks, dry cleaning presses, ironers and washers and dryers. All are environmentally friendly. Aqua Recycle equipment has been installed to conserve water and lower operation costs. There are 8 pickup and delivery trucks, 3 - 26ft Vans and 5 Cargo Vans, with routes servicing primarily the hospitality industry, including hotels/motels from Everett to Tacoma.  The business serviced over 37 accounts in 2017.  Sales are estimated to increase from 2.8 million in 2017 to well o0ver 3 plus million in the coming year.  With the new equipment, the plant is currently operating at approximately 22% of capacity.  Here is an opportunity to own an established business, located in a new, up-to-date facility, with new equipment, excess capacity and a loyal clientele.

Required Licenses: Usual City/State
Competition:There are several smaller facilities in the market. The main competition is Tomlinson Laundry , NW Center and Puget Sound Laundry.
Growth Potential:There is a marketing opportunity to add hotel/motel chains, spas and restaurants with the larger footprint and additional new equipment.
Training/Support:The owner is willing to train for some period of time.
Sale Reason:Retiring
Ad #101155
Seller Reference #PHOENAZ001-N1649
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Contact This Seller
Sharon McCrae
(602) 266-1224
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