37% ROI and Growing! 3 Location 50+ Year Cleaners W/Property!
| Asking Price: | $3,800,000 | Inventory: | $2,500 ++ |
| Gross Revenue: | $1,860,000 | Real Estate: | $1,940,000 ++ |
| Cash Flow: | $518,534 | FF&E: | $697,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
If you are seeking a high volume service business, that is growing and expanding, with a healthy mix commercial, governmental and consumer clientele, this is the one. Our Client owns a network of established, full service premium fabric care centers, providing quality dry cleaning, laundry, repair, pickup, delivery, and offsite remedial services for a greater metro area in Texas. Establish more than 55 years ago this Company has built an unsurpassed reputation of quality and service, which has put them in the lead position. This Company possesses strong, growing revenues based on accounts distributed throughout the commercial, governmental and private sectors. Due to its growth and emerging commercial contracts, the Company has invested in the development of a new 10K sq/ft facility situated in an affluent high growth area where sales is expected to grow at a substantial rate. The new facility has the capacity to meet the volumes of new contracts and can facilitate tremendous growth. This new plant utilizes state of the art, highly efficient and environmentally safe equipment resulting in reduced labor and chemical expenses. This business will provide a great return on investment for an absentee owner or greater when taking on an active role. Don’t hesitate; this one is a winner!
About the Business
Year Established:1952
Employees:34 full time - 6 part time
Facilities:Recent Appraisal (New Standards); 10,000 sq/ft, Retail, Constructed 2009, State of Art Equipment, 1+ Acre, Strategically Located in High Growth Area (Asset) • 5520 sq/ft, Retail, Constructed in 1979, 8100 sq/ft of Paved Parking, Located in a High Traffic Area (Leased) • 2460 sq/ft, Retail, Constructed in 2002, 985 sq/ft Canopy, 24300 sq/ft of Paved Parking, Located in High Traffic Area (Asset).
Market Outlook and Competition:Competition: Relatively Low. Growth and Expansion: The Company’s projected grow rate is 30% per year for a number of years. The expansion will be through high volume contracts, expanded customer base, and new services (made possible through efficiencies in processes and equipment). All of this expansion amplified through outside sales, internet presence and community involvement.
About the Sale
Management Training and Support:Negotiable.
Reason For Selling:Other Business Interest.
Seller Financing:Negotiable.
Attached Files - Attachment Disclaimer
 | nda_pfs_version_110.pdf |
KEYWORDS: Retail, Service, High Cash flow, real property, land, real estate, dry cleaners, laundry,
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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