Dry Cleaning Plant or Pick Up Station with Real Estate

Grayson County, TX

Dry Cleaning Plant or Pick Up Station with Real Estate
Contact Seller

Asking Price: $135,000

Cash Flow: $75,000

Gross Revenue: $250,000

EBITDA: N/A

FF&E: $85,000

Inventory: $2,000

Real Estate: $50,000*

Established: 1910

*not included in asking price.

Dry Cleaning Plant or Pick Up Station with Real Estate

Save Print Share Valuation Report

Business Description

Prime location Dry Cleaner plant operated over 100 years in historic downtown of this city is available for acquisition including real estate. This business was established over 100 years ago in 1910 by the previous owner and acquired by the current owner over 35 years ago in 1980. This 8,000 SF space of freestanding building fully-equipped dry cleaner is located in the heart of city's old downtown that is next to a heavy traffic intersection and residential neighborhoods and provides a full service dry cleaning and laundry services and also provides pick up & delivery services as well as wedding gowns preservation, leather cleaning, and fire restoration cleaning services. Most of customers are coming from the nearby businesses or offices and the surrounding residential areas. The demographic of customers are predominantly low to middle-class Caucasian workers who work nearby the business and well mix of Blue and White-collar workers. Competition is expected for this industry but there are only 3-4 direct competitions in the entire city and none in the immediate market area. The consistency of this business operating in the area for over 35 years has solidified their customer base as well as their sales, and proactive marketing will make huge improvement on the current foundation placed for this business. Current year gross sales are running at $25K a month without any marketing except for thru word of mouth. It will be more profitable if you can convert this into pick-up station in the result of reducing all the labor cost in the production line. There are many ways to proactively market this business such as direct mailing, bundle deals, social media outlets, limo service, wholesale contracts with other pick-up stations and creation of a business website. Renovation and remodeling of the business are needed as the exterior and interior need more modernized look to attract new set of customers. This dry cleaner plant with real estate is priced to sell for an astonishingly low price at 135K and can be converted into pick-up station by dry cleaning plant owner which will in result generate more profit by cutting out all production cost.

Listing ID #000808
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Location:
Grayson County, TX
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
5,474
Employees:
2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 8,000 SF space of freestanding building fully-equipped dry cleaner is located in the heart of city's old downtown that is next to a heavy traffic intersection and residential neighborhoods.
Competition:
There are no competitors within the immediate market area and there are only 3-4 dry cleaners in the city.
Growth & Expansion:
There is currently no marketing being done by current owner, and proactive marketing methods need to be utilized in order to keep the business to continue to grow in sales and new customer acquisition. This business is ideal for plant owner who can convert this into a pick-up station.
Financing:
100% cash at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.
Reason for Selling:
Looking for other opportunities after over 35 years of involving in day to day o
Contact Seller

Contact the Seller

Contact Seller Loading

V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1634261 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Mrs. Fields Cookies

Franchise Opportunity
Capital Required: $350,000