Seller's Contact Information
- RE: Dry Clean Plant Near Energy Corridor
- Contact: Quoc Pham
Quick Facts
Asking Price: | $425,000 | |
Annual Revenue: | $424,211 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $134,103 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 5 | |
BBN Listing #: | 996044107 | |
Broker Reference #: | 76931-282339 |
Business Overview:
The dry cleaner is in the energy corridor's heart with more than 20 years in operations and 13 years at the current location. The business has an excellent reputation in the neighborhood and has received multiple recommendations on next door and google. The existing facility is FULLY EQUIPPED to handle all types of garments and could become the central hub for other dry cleaner drop stores in adjacent neighborhoods. The sale price includes a spacious dry clean plant with equipment in pristine condition.
The current owner has negotiated a favorable lease that secures an affordable rent for the next 15 years at a current price of $5,460 (rent extension available in year five and year 10), which includes NNN and WATER! In addition, the current owner has designed and perfected the dry-cleaning process, which has resulted in SAVINGS ON PRINCIPAL UTILITIES (Electricity and Gas) and personnel.
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Reason for Selling:
Other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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