Dry Cleaning Plant for Sale for Less than value of assets

Tarrant County, TX

Dry Cleaning Plant for Sale for Less than value of assets
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Asking Price: $1,000,000

Cash Flow: $131,336

Gross Revenue: $815,393

EBITDA: $131,336

FF&E: $400,000

Inventory: $25,000

Real Estate: $1,000,000

Established: 2000

Dry Cleaning Plant for Sale for Less than value of assets

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Business Description

Price drastically reduced for a quick sale. Dry cleaner being sold for less than the asset value. Seller's husband has received an out of state job which has forced the owner to become semi absentee. This sale is perfect for an experience dry clean operator who is looking to expand on their current operation by expanding in a different market. The real estate, equipment, and business are being sold for less than the outstanding debts.

Detailed Information

Location:
Tarrant County, TX
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,400
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Dry Cleaning plant is a 3,400 square foot free standing building located in Tarrant County. Approximate Real Estate value is $1,000,000. Seller has upgraded and maintained all the equipment in the store since purchase. Equipment valued at $400,000. The seller has also acquired two pick-up location businesses in Tarrant County. Both leasehold pick up locations along with all their equipment are included in this sale.
Competition:
Included in OM
Growth & Expansion:
There has been heavy construction in front of the dry cleaner to expand the road which led to the decrease in sales but also will lead to more traffic this year.
Support & Training:
Seller is willing to support and train new buyer for 2 weeks from time of purchase
Reason for Selling:
Seller's spouse received an out of state job
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Sami Habash

Business Listed By:
Sami Habash

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