Business Description

This Pittsburgh-based company, established in 1993, specializes in laundering, dry-cleaning, and fire restoration services. With a strong 4-year growth trend, they have a 49% profit margin and serve a diverse client base including corporate accounts and insurance referrals. The business, which operates from a 6,780 sq ft facility with a dedicated team of 10 staff members, is up for sale as the owner approaches retirement age. Priced at $1,650,000, a 10% down payment of $165,000 can yield a return of $182,279 in the first year after debt payments. Offering route delivery services within a 20-mile radius, this company handles various textiles such as clothing, bedding, drapery, and rugs. The revenue breakdown shows that 70% comes from fire restoration, 20% from delivery services, and less than 10% from walk-ins. The owners' responsibilities are primarily clerical and can be managed