S340 - Dry Cleaning Plant

Dry Cleaning Plant

Location

City San Antonio
State Texas
County Bexar

Financial Information

Asking Price $700,000 Show Loan Calculator
Down Payment
Annual Receipts $757,981
Cash Flow $152,470

General Information

Description Real Estate can be obtained either in a long-term lease at $3,000 per month or acquired with the business for $575,000. Currently operating at about 50% capacity with one shift and little advertising. Opportunities for growth include drop stations, pick-up and delivery service, 24 hour drop box and drapery take down and rehang.. Hours of operation are Monday thru Friday 7AM to 6PM and Saturdays from 8AM until 1PM. Semi-passive ownership with owner working 25 to 35 hours a week. Highly automated work process utilizing Maineline Technology Group?s software system. Very diverse customer base with no one concentration. Recurring client base of about 400 per month with over 4,000 clients in their database with 95% of revenue from individuals, an 5% corporate customers. Reason for sell is the owners want to retire and health reasons. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Bob Howells at 210-348-8989 or info@bbofsa.com.
Reason For Sale Reason for sell is the owners want to retire and health reasons.
Franchise No
Home Based No
Relocatable No
Year Established 1970's
Year Acquired 1970's
Employees 25

Building Information

Building Sq. Footage 13,000+ SF
Monthly Rent $3,000
Real Estate Available Yes

Contact Business Brokers of San Antonio for more information.