Price
350000
For sale is a dry cleaning and fire restoration company. The ownership of this company wishes to find a motivated buyer, we are looking for a quick closing and willing to offer a significant discount for the fast closing.
Rough company details
Pre-Covid Gross Revenue = ~$1,000,000
2021 Gross Revenue = $555,000
The company took a significant hit from the COVID lockdowns. COVID conditions have lowered revenues across our entire industry since the initial lockdowns, however at the end of 2022, and beginning of 2023, company sales are trending back towards pre-COVID levels.
Rough company valuation (not factoring revenue/income):
Other major markets in the CRDN Network in Canada do between $1,500,000 - $3,000,000 in Annual Revenue, only from insurance restoration work. There are also many other possibilities for work including: retail dry cleaning, route dry cleaning, equestrian cleaning, uniform cleaning, and more.
This company is fully up and running and waiting for a new operator to take over and grow this operation to the higher level it is capable of. Perfect opportunity for hiring (and sponsoring) entry level employees.
350000
$555,000
20086 92A Avenue, Langley, BC, Canada