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Profitable Eco-friendly Dry Cleaning Business In Richmond For Sale

Richmond, Virginia, US
Asking Price:
$450,000 Furniture / Fixtures included
Sales Revenue:
On request
Cash Flow:
On request

Highly profitable dry-cleaning business in Richmond generating $720,000 in annual revenue and $185,000 in net profit. The sale includes an established dry-cleaning plant together with a convenient pickup and drop-off location, providing an incoming owner with an operating platform, reliable staff, established customers, and immediate cash flow.

The company specializes in eco-friendly and organic cleaning solutions and serves both residential and commercial customers. The business benefits from consistent sales, a solid customer base, well-maintained equipment, and a team of 10 employees. FF&E is valued at $60,000.

The leased premises are positioned in a high-traffic, high-visibility Richmond area. The current lease has six years remaining at $2,650 per month, providing substantial remaining occupancy for a new owner.

The owner is willing to provide training and assistance to support the transition. Owner financing is also available, offering additional acquisition flexibility for a suitable buyer.

Property Information

Real Estate:

Lease

Lease Terms:

Current rent is $2,650 per month, with six years remaining on the existing lease.

Leasehold Rent:

$31,800 per annum

Location:

Located in a high-traffic, high-visibility area of Richmond, Virginia, with a dry cleaning plant and convenient pickup and drop-off location.

Premises Details:

The operation includes a fully equipped dry cleaning plant and a separate convenient pickup and drop-off location. Equipment is described as well maintained, with FF&E valued at $60,000. The premises are leased.

Business Operation

Expansion Potential:

Growth potential is identified, although specific expansion initiatives are not provided.

Competition / Market:

The business has an established reputation, consistent sales and a strong residential and commercial customer base. The wider dry cleaning industry is experiencing consolidation and changing demand, while the listing identifies continued market growth associated with demand in specific sectors and adoption of new technologies.

Reasons for selling:

Owner is relocating.

Employees:
10

Other Information

Support & training:

The owner is willing to provide training and assistance to the new owner, supporting a smooth transition of the established dry cleaning operation.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner financing is available. Specific financing terms are not provided.

Furniture / Fixtures value:
$60,000 - included in the asking price
Contact Broker