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- RE: Industrial Tailoring And Cleaning Business
- Contact: Robin Brown
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $474,576 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $86,015 | |
Total Debt: | Not Disclosed | |
FF&E: | $118,665 | |
Real Estate: | Not Disclosed | |
Year Established: | 1972 | |
Employees: | 12 | |
BBN Listing #: | 46734955 | |
Broker Reference #: | 6206-17929 |
Business Overview:
Industrial Tailoring and Cleaning Business provides modifications, alterations, and cleaning of industrial flame-retardant clothing (FRC) to a current customer base of oil refineries, large petroleum companies, and related companies.
Their current services include, modification of uniforms to add reflective striping; alterations of FRC using flame retardant materials, including thread; addition of logos and name patches; washing and cleaning; addition of FRC leg zippers; and customized modification of uniforms to suit employee preferences, such as the addition of desired pockets and straps.
With a team of well-trained employees; three freestanding work buildings; specialized inventory; and a trained management team in place, any buyer will be well poised to continue business operations without interruption.
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Property Features and Assets:
Real Estate is available for an additional $325,000 for a total package price of $550,000. The discretionary cash flow presented includes the simulated lease expense would not be applicable to the buyer that acquires the real estate. The real estate includes 3 freestanding work buildings - conveniently located just minutes away from their industrial client base. Easy access to main thoroughfares with lots of onsite parking. Over 3,400 sq ft of building work and customer space. Assets = $217,480
Market Competition and Expansion:
No other competition that provides industrial cleaning and tailoring services under one roof in the area. Potential growth for this business is great. Heavy referral and repeat business. Only game in town. Very little marketing of new business outreach currently.
Reason for Selling:
Owner retiring after 40 plus years in business.
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
Relevant Links:
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