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Free Standing Dry Cleaning Plant
(Cleaning/Laundry Related, Dry Cleaning)
Denton - Texas, Denton
| Seller Financing: |
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| Lender Pre-Qualified: |
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| Listing ID: |
58940 |
| Office ID: |
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| Status: |
Active |
Listing Details
| Listed Price: |
$1,390,000 |
| Down Payment: |
$347,500 |
| Fiscal Year: |
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| Total Sales: |
$484,452 |
| SDE: |
$187,339 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$150,000 |
Included? Yes |
| Real Estate: |
$1,200,000 |
Included? Yes |
| Inventory: |
$7,000 |
Included? Yes |
| A/R: |
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Included? |
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| Sales Breakdown |
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| Reason for Sale: |
Other opportunities. |
| Training: |
Owner will train for 2 weeks. |
| Financing Terms: |
SBA loan with 25% down payment. |
Operations
| Year Established: |
2000 |
| Last Acquired: |
2006 |
| Form of Ownership: |
Corporation |
| Home Based: |
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| Relocatable: |
No |
| Type of Location: |
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| Absentee Owner: |
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| Online: |
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| Employees: |
Full Time: 5 / Part Time: 3 |
| Managers: |
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| Hours: |
6:30 am to 7:00 pm Mon – Fri/8:00 am to 5:00 pm Saturday. |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Included with Rent: |
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| Building Size: |
3400 |
| Land Size: |
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| Seating Capacity: |
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| Facilities: |
The building is like brand new and the facility is clean. It is situated right next to a busy road and the visibility is great. All equipments are paid off. |
| Secondary Location: |
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| Business Name: |
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| Address: |
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Summary
| Business Description: |
Free Standing Dry Cleaning Plant located in the hub of an explosive retail development area is now available for acquisition. The sale include not only business and industry top of line equipment but also land and building that have over $1million dollars in value. The real estate value is highly anticipated to be appreciated by the time all the surrounding retail developments are completed. Sales have been very consistent for the past years until now even in this time of the worst economy ever, and the sales are highly expected to grow in large figures with presence of current tremendous retail developments in this area. Also, this plant is a brand name dry cleaner that is very well-known in North Texas, functioning like a chain or franchise without paying any royalty or fees. |
| Historical Summary: |
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| Owner Qualifications: |
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| Customer Base: |
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| Competition: |
There are few competitions but there is enough demand for all businesses to be successful. |
| Potential Growth: |
With presence of current tremendous retail development in this area, population are flowing into this town in very fast pace, which will help immensely the sales growth of this dry cleaning plant. |
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