Monday, May 21, 2012

Free Standing Dry Cleaning Plant with Pick Up Station
(Cleaning/Laundry Related, Dry Cleaning)

Parker County - Texas, Parker

Seller Financing: No
Lender Pre-Qualified: Yes
Listing ID: 73948
Office ID:
Status: Active

Listing Details

Listed Price: $2,200,000
Down Payment: $440,000
Fiscal Year:
Total Sales: $770,000
SDE: $240,000
EBIT:
EBITDA:
FFE: $300,000 Included? Yes
Real Estate: $1,500,000 Included? Yes
Inventory: $2,500 Included? Yes
A/R: Included?
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Contact Information
V-AID Group, Inc.
V-AID Group, Inc.
2727 LBJ Freeway Suite 110
Farmers Branch Texas 75234
Office: 972-247-3202
Cell:
Fax: 972-314-9882
Email: info@v-aidgroup.com
www.v-aid.com
Send Email To Agent
Sales Breakdown
Reason for Sale: Family Reason
Training: Seller will provide adequate training to new owner.
Financing Terms: SBA loan with 30% cash down

Operations

Year Established: 2001
Last Acquired: 2001
Form of Ownership: Partnership
Home Based: No
Relocatable: No
Type of Location: Stand-alone
Absentee Owner: Yes
Online:
Employees: Full Time: 4 / Part Time: 12
Managers: 1
Hours: Mon-Fri: 6:30am-7pm Sat: 8am-5pm
Owner Hours: 20
Non-Owner Payroll:
Franchise Info: N/A

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
   
Included with Rent:
Building Size: 3995
Land Size:
Seating Capacity:
Facilities: Occupied in a 3,995 SF of free standing building located in the hub of one of the fastest growing city in Texas. All equipments are top of the line and are immaculately maintained.
Secondary Location:
Business Name:
Address:  

Summary

Business Description: Free standing dry cleaning plant with pick up station located in a fast growing city of TX is now available for acquisition. The sale includes business, all equipments, and real estate of the plant. As fully equipped dry cleaner, they provide dry cleaning, laundry, and alteration services to customers. Since opened in 2001, sales have been consistent every year even amid bad economy and road construction which is now completed. Located in the hub of rapidly growing city, the cleaner has accumulated a strong customer base for the past 10 years. Unbeatable price, high quality, and excellent service are competitive advantage of this cleaner that enabled them to generate consistent strong sales since opened in 2001. Its pick up station is also located in a fast growing city adjacent to where the plant is located. This is a great opportunity to acquire dry cleaners with a pick up station that includes business, all equipments, and real estate of the plant.
Historical Summary: Plant and pick up station were built by the current owner in 2001 and 2004, respectively.
Owner Qualifications: This is a fully-staffed dry cleaner with minimal owner's involvement.
Customer Base:
Competition: Unbeatable price with high quality and service is competitive advantage of this cleaner.
Potential Growth: More marketing is needed to increase sales. Also tapping wholesale market could be good ways of boosting sales as the plant has a lot more capacity.
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