Dry Cleaners with Wash and Fold / N Austin

Austin, TX (Travis County)

Dry Cleaners with Wash and Fold / N Austin
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Asking Price: $375,000

Cash Flow: $100,000

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $290,000

Inventory: N/A

Rent: $7,500 /Month

Established: 2007

Dry Cleaners with Wash and Fold / N Austin

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Business Description

Well equipped facility for all dry cleaning operations with newly installed laundry facilities for wash and fold customers. Facilities include 2040 sq. ft. of well appointed space for maximum output. Business is capable of higher plant production capacity with the current assets for future growth. Only minutes from the Domain in N Austin growth area. Many repeat customers in this high traffic area in between IH 35 and Mopac hwy and just south of toll road to Cedar Park. Perfect for expansion using drop off locations to increase sales immediately. Priced to sell quickly.

Detailed Information

Location:
Austin, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,040
Lease Expiration:
9/30/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Include 2040 sq ft of well used maintained and remodeled space. Well maintained equipment includes compressors, chillers, and all laundry apparatus. Includes van for pick up and deliveries. Newly installed plumbing for laundry facilities.
Competition:
Some competition but business is not doing much in marketing and can be expanded quickly.
Growth & Expansion:
Business can always expand with proper marketing plan and going after niche markets.
Support & Training:
Owner will stay for transition as needed or extended period of time as manager to help with growth.
Reason for Selling:
Owners are semi absentee and travel and have other locations outside of Texas.
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Jorge Couto

Business Listed By:
Jorge Couto

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