LaundromatEstablished in 2001, this dry cleaner business has built a loyal customer base in the New Orleans area. A tenured team of 4 handles day-to-day operations; several key employees have been with the company for many years. What began as a small operation in 2001 has grown steadily through referrals, repeat customers, and a reputation for doing the job right. Vendor and supplier relationships are long-standing, with favorable terms that a new owner will step into. Revenue is diversified across residential and commercial accounts, with no single customer representing a significant concentration. The customer database numbers in the thousands and represents a valuable, largely untapped marketing asset. The company ranks well in local search results and maintains an active presence on the major review platforms. The business generates dependable cash flow with margins at or above industry benchmarks. Opportunities of this quality and tenure rarely come to market in this category.
Owner is consolidating investments and exiting day-to-day operations.
Expansion potential through a second location, added staff, and deeper penetration of nearby markets.
Modeling Thriving Dry Cleaner with Recurring Revenue · $301K
Asking price is $301K. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerThe documents below open to qualified buyers in the secure data room after a signed NDA.