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Business For Sale

Dry Cleaners and Laundry

Seguin, TX, USA

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$550,000
$500,000
$100,000
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1988
8
13228199
Owner Financing is Available
For the right person, a partial finance is possible with 50% down. Real estate can be leased or purchased. Real estate is priced at $475,000.

Business for Sale Overview:

Well established, high end dry cleaner and laundry. This business is located in one of the hottest areas of South Central Texas. Major companies have announced their intentions to move here. Many new jobs coming. I have owned the cleaners for 22 years. Before that, the original owner had it for thirty years. New Real Estate built in 1998. Will sell or lease real estate. Excellent business opportunity for the right person. Building is 3,800 square feet. $50,000 invested in new equipment in 2009. All work done on-site. We do all of the Valet service for most of the local motels and most all of the local area band uniforms. If new in the business the owner will agree to consult for a specified period of time to teach the business. Serious buyers only should respond. This cleaners is located in a community in South Central Texas with a population of 25,000. New businesses are locating here constantly. We are in a real growth spurt and are convenient to major cities. This business has been successful while being operated by me being an absentee owner and being there on site for about one hour per day. This business has unlimited opportunity for someone who wants to work the business full time. You could possible eliminate one or two employees just by your being there. Are you ready to get your "Share" of the EagleFord Shale Oil and Gas income. Cuero pick up station opened in May, 2009 and a new pick up station in Gonzales opened in July of this year. The project revenue from this location is not included in the financials of the cleaners. I will let this station go with the rest of the transaction. Looks like this station might gross $85,000 in the first year. That's a lot of profit to offset your debt service. The entire laundry and dry cleaning industry is still down but mine is an exception. Don't delay, call me today for a confidential interview. Only serious buyers should contact me. I will need proof of your financial ability before further talks. I have had plenty of "Tire Kickers" who just don't have the money they would need to get into this business. This business survived the current recession and is on track to reach 2007 levels of profitability. It won't last long now. Come see us!

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The property is located on a major traffic artery and is about a 1/4 of an acre. The building is 3,800 square feet. The front half of the building is air conditioned and the plant area has a newly installed "Chiller System" which keeps the employees much cooler than plants without this type of system. Pick up stations are located in Luling, Gonzales, Cuero, Nixon and Marion

Market Competition and Expansion:

Huge market expansion potential. This business has continued to grow with an absentee owner. With on-site management and ownership, this business is positioned to grow at a fast rate. It also is helped by the fact that many new economic development projects are off the ground and are going to bring many new jobs to this area.

Reason for Selling:

2nd. business. Ready to sell one

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.

Resources:

 

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