Dry Cleaning & Laundry Operation For Sale
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $425313
Net Profit / Cash Flow $122416
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 10 - 19
Inventory 175000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide on-site training after purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of training and sign a no competition agreement.
Reason for Sale Retirement.
Description Opportunity to purchase well established, profitable dry cleaning & laundry operation which includes a plant and 2 pick-up stations. Full price cleaners. Equipment maintained regularly and in excellent condition. Low rent at both pick up stations. Semi-absentee situation (labor in place handles all production; owner does not have to be involved in that part of the business on a day to day basis). Perfect situation for a marketing minded individual who knows how to drive up revenues with the proper advertising & promotion.
Seller will provide on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of the training and sign a no competition agreement.
Extremely motivated situation. Owners have been working for many years and are ready to retire. Will consider all reasonable offers. Bank financing available for a buyer with good credit and a sufficient cash down payment.
Additional business details are available. You will be required to document your ability to complete the proposed transaction. For more information on this dry cleaning & laundry business, please contact Stocker Travis at 972-783-1662 or e-mail. Purchase price is $420,000.
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