Business for Sale Overview:
This is a relatively new dry cleaning operation with state of the art equipment, computers, and furnishings. Unlike many plants, this business is located on a major city street with easy interstate access. Through May 2009, revenue exceed $346,000, and seller's discretionary earnings were approximately $96,000. Seller is spending around 3 hours per week working on the business. A new owner would have the opportunity to be more active.
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Property Features and Assets:
The main plant is a class “A” building of approximately 6,000 square feet on 1 acres approximately on major highway frontage. 2,000 square feet of the space is leased to a high credit tenant. The neighboring businesses include nationally branded stores. There are also 3 other drop locations in two other hill country communities.
Market Competition and Expansion:
The business has just expanded into a third hill country community with the newest drop location, which will continue to grow the numbers. A new owner could consider additional drop locations. They focus on prepaid services at a competitive price point.
Reason for Selling:
Absentee owner with other companies
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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