Price: $350,000
Location: East Tennessee
Industry: Drycleaning and Laundry Services
Listing ID: 031626
Listing Status: New
Imagine stepping into a thriving dry cleaning business that's already won the hearts of the Elizabethton community. This isn't just any opportunity – it's your chance to own an established operation that's been serving loyal customers for years.
Here's what makes this special: You'll get not one, but two locations working together seamlessly. Your main plant handles all the production – cleaning, pressing, and finishing – while a convenient satellite drop-off location 15 miles away captures customers from neighboring communities. It's like having your cake and eating it too – expanded reach without the headache of duplicating equipment.
Your customers will rely on you for everything from delicate dry cleaning and tough stain removal to laundering bedding, linens, and specialty items. The variety keeps things interesting, and the steady demand keeps revenue flowing.
What you'll love most is how turnkey this opportunity is. The infrastructure is already in place, equipment is well-maintained, and you've got experienced staff who know the business inside and out. Whether you're coming from a laundromat or ready to dive into your first dry-cleaning venture, the straightforward operations make this perfect for an owner-operator.
The community reputation speaks for itself – customers trust this business for dependable service and quality results. You're not starting from scratch; you're stepping into a proven business model with an established customer base that already knows and values what you'll be offering.
This is more than a business purchase – it's your opportunity to become an essential part of two communities while building on years of goodwill and success.
Total Sales: $344,160
Cash Flow: $158,087
EBITDA: $80,837
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $300
FFE Included: Yes
Inventory: $2,000
Inventory Included: Yes
Year Established: 1994
Employees: 4
Managers: 1
Absentee Owner: No
Security on Lease: Yes
Real Estate Included: No
Monthly Rent: $2,800
Franchise: No
Facilities Information: Fully operational dry cleaning and laundry facility. Satellite drop-off location serving an additional market
Reason For Sale: Retiring
Training & Support: up to 2 months
Competition: Local Independent Dry Cleaners Other standalone cleaners in Elizabethton, Johnson City, and neighboring towns. These businesses offer similar services: dry cleaning, laundry, stain removal, and pressing. They typically compete on price, turnaround time, quality, and reputation.
Potential Growth: There are meaningful opportunities for a new owner to expand revenue and market share, such as: Introducing a pickup & delivery service to both residential and commercial customers Adding wash,and fold or subscription laundry services Developing local business accounts (hospitality, healthcare, corporate uniforms) Increased marketing and customer outreach in the region





