Asking Price: $1,790,000 Gross Revenue: Not DisclosedCash Flow: $202,940 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
TSI Business Brokers is proud to offer this amazing investment opportunity that includes a retail shopping center, a car wash and a successful dry cleaners.
This property's location has high visibility with 40,000+ vehicles per day on FM 529. Directly across from this property is a Wal-Mart Supercenter that is very busy.
Car wash was built in 2002 and has 10 car wash bays and 12 vacuum bays. Retail strip center was built in 2005 and has two spaces. One space is rented out to a Nail Salon. Second space is a profitable dry cleaners which is owned and ran by the sellers.
Both the dry cleaners and car wash is included with this property in the sale.
**Property alone was appraised at $1,400,000 in 2005.
There is tremendous growth potential for the existing businesses here or even re-development opportunities!! Excellent location!!
**Please print NDA, sign and then scan and email to email@example.com
**After the NDA is received I will provide more detailed financial information as well as a 3-D virtual tour and additional pictures.
About the Business
Building Sq. Ft.:
-Property's total square footage is 60,505 square feet. (1.39 Acres) Car wash is 3,760 square feet and the retail strip center including the nail salon and dry cleaners is 4,060 square feet.
Growth & Expansion:
Huge opportunity to increase revenue with marketing efforts for dry cleaners and car wash. The dry cleaner has lots of potential to increase business by adding drop stores , routes, and a social media presence although it is already doing well. Converting a couple of the car wash self-serve bays to automatic will create strong revenue increases.
**With this property being located at a prime location with high traffic visibility this could also be a great property to redevelop**
Commercial Property on FM 529 includes Dry Cleaners and Car Wash!!
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. See our
full Terms & Conditions.