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Laundry Services |
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| Asking Price |
$245,000 |
Inventory |
Not Disclosed |
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| Revenue |
$290,000 |
Real Estate |
Not Disclosed |
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| Cash Flow |
$90,000 |
Year Established |
1995 |
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| FF&E |
$98,240 |
Employees |
5 |
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dry cleaning, laundry |
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This profitable business has a long history with a strong reputation in the area. Specializing in on-premises dry-cleaning, wet cleaning, laundry and blind cleaning, the company provides services for customers in the Okanagan including local pickup and delivery.
Delivering the highest quality of service with an “on time” motto this business has excellent word of mouth referrals from happy customers. With trained staff willing to stay a new owner could grow the business by implementing a delivery route system and expanding the current pickup and delivery area to nearby communities.
The price of the business net of transferred working capital but inclusive of all inventory, fixed assets and goodwill is $222,00 with an implied multiple of weighted Cash Flow of 2.7 times. The seller is selling the operational balance sheet of the business which includes the normal required working capital of $23,000, which is included in the asking price of $245,000. For more information please contact Neil G.A. Thomson at 250.870.9094 or send an email to neil.thomson@sunbeltpacific.ca |
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| Reason Selling: Retirement |
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| Business listed by: |
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Pino L. Bacinello
604.696.6111 |
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| AD # 100464 |
| The information in this listing has been provided by the business seller or representative stated above. Kazooga has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read Kazooga's Terms & Conditions before responding to any ad. |
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| Business listed by: |
Pino L. Bacinello
604.696.6111 |
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