S433 - Dry Cleaning Plant - Austin Suburb

Dry Cleaning Plant - Austin Suburb - S433

Location

City Austin Suburb
State Texas
County

Financial Information

Asking Price $900,000 Show Loan Calculator
Down Payment Negotiable
Annual Receipts $793,300
Cash Flow $225,500

General Information

Description This is a branded dry cleaner that is efficiently set up and established, this bustling Central Texas dry cleaner is poised to grow with the Austin region. The plant is currently operating at 75% capacity and has been set up to handle multiple drop stations in the surrounding area. This is a branded dry cleaner with 8% growth and a very low licensing fee. Seller owns the property of this stand-alone facility and is willing to provide the Buyer either a favorable long-term lease or sell the property based on real estate appraisal. High quality machines are strategically located for efficient operation. All equipment has been meticulously maintained by a professional maintenance firm. The equipment has continually been invested in over the life of the plant. The business also has a drive-thru. The business does little advertising, and has not yet set up drop stations. Currently run semi-absentee, the business is ideal for an new owner wanting to take an active role in the business. Manager in place with over 15 years with the business and most employees for over 6-8 years with the business. Owner willing to finance part of the transaction depending on the buyer's qualifications. Owner is selling to focus on other business investments. Current owner is willing to train new buyer for seamless transition.
Reason For Sale Semi-Retirement and to focus on other business investments.
Franchise No
Home Based No
Relocatable No
Year Established 1998
Year Acquired 1998
Employees 12

Building Information

Building Sq. Footage 2,000
Monthly Rent $4,667
Real Estate Available No

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