Business Overview:
For a quick sale to a savvy buyer with plenty of working capital to repair or replace equipment/leasehold. You need to be strong enough to be approved by the landlords. Seller will take $100,000 bottom line fire sale price AS IS WHERE IS for a package deal for the equipment and assumption of leases or new leases for 5 locations of buyer’s choosing. Original price on many of these stores was over $100,000 EACH. There are 9 locations remaining that would fall into this package choice. One of these is in Ft. Worth, one in Irving, two in Carrollton and the rest in Dallas. Also, for those of you who are unaware, the new store is now open and available for $399,500. All brand new ff&e and finish out (with exception of rebuilt dryers) – approximately 3,200 square feet. Ask for LBX918.22 pkg. (If you have not signed a non disclosure agreement for these yet, please request one.) Lease amounts and Equipment vary per store. Mostly all old Speed Queen equipment/leasehold improvements. A package of 5 is not for those without experience, or at least without business management and marketing experience. They are HIGH RISK. Sales would have to be built up dramatically to make sense. Often, new equipment and finish out, proper marketing, and proper management can make a big difference. But there are no guarantees. Do your due diligence. Secure your own competent legal, accounting and other professional counsel. This is an asset sale only and in no way an offering for the sale or solicitation of securities.
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:
Lease Amounts and Equipment vary by location.
Reason for Selling:
Corporate Divestiture
Additional Details:
- The property is leased.
- 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.