High volume Dry Cleaners with multiple locations

Marble Falls, TX (Burnet County)

High volume Dry Cleaners with multiple locations
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Asking Price: $675,000

Cash Flow: $175,000

Gross Revenue: $800,000

EBITDA: $175,000

FF&E: $288,000

Inventory: $24,500

Real Estate: $202,000*

Established: 1986

*not included in asking price.

High volume Dry Cleaners with multiple locations

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Business Description

This is a cleaning business that is cleaning up.

Stable business with six locations in adjacent communities. True spoke & hub operation! Business has provided premium service for over 30 years and has earned a valuable brand appeal. Everything is in place to succeed from day one. With an industry best POS system, new and well maintained equipment, ample room to increase production without further investment and a growing route service this is a great opportunity to own an absentee retail business in the Texas Hill Country. Whether seeking an investment with great cash flow, generous tax advantages of equipment depreciation or looking for an excuse to call the Hill Country home, this opportunity will move quickly!

Detailed Information

Location:
Marble Falls, TX
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,500
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,500 sq. ft. plant with detached storage building is well equipped for all dry cleaning and laundering needs with room for additional production. Real Estate to be sold separately ($202K) or multi-year lease-back would be considered. Key equipment includes a hardy 25 HP Lattner boiler with clean inspection records. New UniPress double-buck Hurricane. Service records on all equipment with regular maintenance are also available.
Competition:
The business has no competitors in two of it's six locations, and only one competitor in the other four locations. The business offers a premium service and thus commands a premium price at all locations.
Growth & Expansion:
All stores are are in the most desirable location in their respective communities with main street exposure and high traffic counts. Van delivery service is provided four days a week and has capacity to grow further. Add to all this is a fully trained, long-term staff is in place and ready to serve!
Support & Training:
Current owners will provide support & training for 90 days post sale. Additional support can be available as needed.
Reason for Selling:
Ownership is relocating to be closer to family
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Business Listed By:
William McAnelly

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