Successful Dry Cleaning Plant & Pick Up Station # 2251

Collin County, TX

Successful Dry Cleaning Plant & Pick Up Station # 2251

Asking Price:$690,000

Cash Flow:$153,686

Gross Revenue:$481,187

EBITDA:$58,045

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:$17.28

Established:1998

Successful Dry Cleaning Plant & Pick Up Station # 2251

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Business Description

Two Businesses In One: A Dry Cleaning Plant and Pick Up Station for sale, both located in upscale areas of Collin County. Plant has been in business since 1998. Seller is ready to move over and let a new and energetic business mind take over these active and productive businesses. Last year tax returns grossing $505k, with no perc chemicals, a 2015 compressor, newly installed and refurbished pressers, a seasoned staff, and a great traffic count. Included in the sale, the pickup/drop off station is approximately 23 miles from the dry cleaning plant. Seller will consider tangible and sensible offers on this great opportunity to own a successful Dry Cleaning Plant and Pick Up Station.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
6,000
Lease Expiration:
11/1/2019
Employees:
6
Facilities:
Plant and pick up stations are about 23 miles apart. rent for plant is $6,500 for 5,000 SF and the rent for pickup station is $2,142 for 1,000 SF Owner wants to sell both stores at the same time. All tax returns are combined income and expense for both locations.
Reason for Selling:
Seller wants to focus on other business.

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