Freestanding Absentee Dry Cleaners Corporately Owned

For sale is this well located and fully equipped dry cleaning facility doing both retail and wholesale businesses in Ft Worth Texas. This free standing location with onsite laundry equipment is near major retail chains and a major highway intersection. (Real-estate not included) The cleaners is currently corporately owned and would be ideal for a more involved owner who could more proactively manage customer experience, increase marketing, and manage the labor which is regularly running around 52% (industry norm is 33%). Currently the store is grossing $440k annually and netting $35k annually with a manager but it lacks that "je ne sais quoi" that a present and local owner could bring, including reducing labor costs. The ideal owner will likely have some experience in the field and cash on hand. The books are in order but to get a loan the business would need to show an ability to service the debt which it won't be able to do as is. It is possible a skilled management team and a business plan to improve the operation could secure debt. Pricing guidance for a laundry mat with on-site equipment is 70-90% of annual sales. The seller is seeking 71% which is on the low side due to the SDE being roughly net $35k a year. I hope you found this ad informative and weigh the information available here. The next step will be an NDA and a demonstration of your proof of funds. After that I'll be able to release the name and address of the shop along with the financials I have on hand. My cell is 214-695-1223 if you'd like to chat directly. I'm looking forward to continuing the conversation! Location: Fort Worth, Texas Year Established: 2005 Real Estate: Leased Rent: $5,000.00 Per Month