Asking Price: $20,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $25,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Prime location full-service dry cleaning pick-up station in a turnkey situation is available for acquisition. This brand new pick-up station was established by the current owner in 2018 in a high-end retail center which was also built at that time. This business in a 1,207 SF space of premier retail center is located next to an intersection with heavy traffic and nearby densely populated residential area and small businesses that attract a number of people to the area and offers full service dry cleaning and laundry services as well as wash & fold, pressing service, alteration and leather cleaning service in which all of the work is done on the premise. Most of the customers are middle to upper-class individuals in all age groups that live in the surrounding densely populated high income residential neighborhoods. Competition can be expected for this type of business and there is one dry cleaner plant in the immediate market area which gives this pick up station a plenty of room to grow moving forward. Gross sales have been upward since day one without any pr-pro-active marketing. None of marketing has been started yet by current owner, and pro-active marketing in various methods and acquisition of new customers from untapped areas of the city are crucial to the further growth of this business. There are many ways to proactively market this business such as direct mailing, bundle deals, flyers, social media outlets, limo service and launching a business website. Setting up the home pickup and delivery cleaning service also will help to increase the cash flow of this business; and since it is owner absentee business, a full-time owner-operator will be able to generate more profit by cutting down unnecessary payroll expenses. This brand new dry cleaning full-service pick-up station is priced to sell for only $25K and is perfect for buyers who already have a plant wanting to expand business into one of the most affluent and fastest growing city.
Listing ID #000816
For more info, please call Moon Kim at 1-866-519-2421.
About the Business
Denton County, Texas
Number of Employees:
This business is located in a 1,207 SF of upscale retail strip center that in an area of heavy traffic that is next to a heavy traffic intersection and densely populated residential neighborhoods in fast growing city. All equipment is in excellent condition, less than a year. All sales revenue and inventory are tracked through the brand new POS system.
There is one dry cleaning plant within the immediate market area.
Growth & Expansion:
No marketing is done at the current moment except thru word of mouth, but more proactive marketing methods need to be utilized in order to keep the business to continue to grow in sales and to acquire new customers.
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