Busy Dry Cleaning Drop-Off/Pick-Up Station in High Traffic Area!

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Asking Price has just been dropped again for a quick cash sale!
Asking Price:
$15,000

Gross Revenue:
$41,913
Cash Flow:
$2,938
EBITDA:
$2,938
Inventory:
$500
included in asking price

FF&E:
$2,500
included in asking price

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Business Description

This business is a family owned and operated dry cleaning drop-off/pick-up station located near the Texas A&M campus in a fast growing, student-based residential neighborhood. It has been in business since 2006, and has a loyal customer base that keeps coming back because of the personalized customer service, quick drive-through window, and the best quality dry cleaning and laundry pick-up/drop-off service in the area. Its customer base consists primarily of Texas A&M students and business professionals that reside in the area, which is one of the fastest growing neighborhoods in College Station. A great opportunity to own this turn key business. This location is in the heart of residential areas; with homes and apartments nearby.
Seller is seeking an offer for this strategically located dry cleaning drop-off/pick-up station that has a lot of potential for the right owner/operator based on its near-campus location in College Station.

NOTICES:
* Gross Revenue, Cash Flow, and EBITDA shown are each the computed average of the 5 year period from 2014 thru 2018 as reported by the seller.
* Inventory and FF&E shown are approximate as reported by the seller.
* All information, data, financials, valuations, appraisals, etc. must be verified by both the seller's and buyer’s own professional advisors.
* Potential buyers should always verify all information with the seller and their own independent advisors before putting any money at risk.
* Non-Disclosure Agreement (NDA) is required. The seller’s financial data is confidential and will only be disclosed to qualified buyers with a signed NDA in place.
* For more information please call +1 (979) 599-5200 or email LFry@tworld.com.

About the Business

Location:
Brazos County, Texas
Year Established:
2006
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,000
Rent:
$1,930.00 Per Month
Lease Expiration:
8/31/2021
Facilities:
This well established business is located in a highly visible strip shopping center at a busy intersection located near Texas A&M campus. Anchoring tenants in this strip center include a Subway sandwich shop, a Wendy's Hamburger restaurant, and a Rattler's Country Store with Shell gasoline pumps. Numerous brand new apartment and condominium complexes for students and young professionals are located close by.
Website:
www.tworld.com/locations/collegestation/
Market Outlook/
Competition:
This well established business is currently one of the few dry cleaning drop-off/pick-up stations located in this high growth area of College Station, which is situated near the Texas A&M campus.
Growth & Expansion:
This well established business is located in a part of College Station that is currently experiencing explosive growth, which should lend to a linear growth in the number of potential customers needing dry-cleaning drop-off services. As a result, the physical expansion of this business within the strip shopping center would be a real consideration as this trend continues in the future.
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About the Sale

Reason For Selling:
Owner needs to sell business now due to increasing time commitments elsewhere.
Training/Support:
Owner will train buyer and expedite knowledge transfer and transition activities with buyer for at least 2 weeks after the purchase.
Seller Financing:
Make cash offer!

Listing Info

ID:
1568314
Ad Detail Views:
122

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Business Listed by

Larry Fry, MBA

Transworld Business Advisors at College Station

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U.S. Census Data for Brazos County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Brazos County, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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