Dry-cleaning & Laundry Business

Mid South

Dry-cleaning & Laundry Business

Asking Price:$395,000

Cash Flow:$150,000

Gross Revenue:$780,000

EBITDA:N/A

FF&E:$200,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:1993

Dry-cleaning & Laundry Business

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Business Description

This upscale business has established a reputation for quality and reliability over the past 20 years; has an excellent following amongst the gen-X, millennial and Texas A&M faculty and alumni residents. Excellent secure business opportunity for new ownership seeking to grow the business in a flourishing and expanding market. College Station, Bryan, surrounding counties have been voted amongst the top ten places in the State for quality of life, desirability to relocate, and cost of living vs. standard of living. A central Texas hub for education, medicine and technology-related business and professionals. An oasis of very clean air and water qualities. Offers a uniquely welcoming attitude to new businesses and residents.
Drop-stores in excellent locations covering College Station upscale locales.
Owners retiring.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Plant location can be relocated; landlord relations are excellent and new credit-worthy, experienced owners have high probability of lease extensions if desired. Plant equipment is fully functional, paid up and will transfer at Closing (included in asking price).
Competition:
There have been very few newer entrants in the market in the recent past; rather growth is achieved through satellite drop stores, and the excess processing capacity (that currently exists at the Seller's plant site) offers an excellent opportunity to grow additional outlets in the booming economic climate that is forecast for this region.
Growth & Expansion:
A growing economy, hidden gem amongst the few discerning entrepreneurs. Tremendous growth potential for the right Buyer.
Support & Training:
Sellers agree to remain for on-site training and aid for one week, and then as on-line or telephone consultants for another 2 weeks after Closing - if desired.
Reason for Selling:
Owners retiring - empty-nested.

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Business Listed By:
Shiraz Lakhani

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