Experience in dry cleaning industry/niche?

searcher profile

May 10, 2024

by a searcher from Universidad Internacional del Ecuador in Cuenca, Ecuador

Does anyone here have experience in the dry cleaning/laundry niche?

I've been an operator in a handful of industries for the last 24 years and now looking to buy my first SMB possibly in the afforementioned niche. Would love to connect with current or previous owners/operators to learn and exchange thoughts on this industry.

Thanks

0
2
56
Replies
2
commentor profile
Reply by a lender
from University of Missouri in Denver, CO, USA
Santiago, one thing to consider for dry cleaning with an SBA loan is the potential environmental concerns. The SBA will require an environmental report to determine if there are any issues and that can be costly and can derail a deal. If you'd like to talk more or if you need SBA financing, please reach out here or at redacted
commentor profile
Reply by a searcher
from Universidad Internacional del Ecuador in Cuenca, Ecuador
Thanks Sean, good to know. Will send you DM
Join the discussion