Industrial Tailoring and Cleaning Business
Harris County, Texas
| Asking Price: |
Gross: |
Cash Flow: |
| $225,000 |
$474,576 |
$86,015 |
Furniture and Fixtures Value:
$118,665 (included in the asking price)
Inventory Value:
$98,815 (included in the asking price)
Real Estate:
$325,000 ( not included in the asking price)
Business Summary:
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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| Year
Business was Established: 1972 |
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| Number of Employees:
12 FT |
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| Facilities / Terms of Lease:
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. |
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| Potential
Growth/Expansion:
Potential growth for this business is great. Heavy referral and repeat business. Only game in town. Very little marketing of new business outreach currently. |
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| Competition:
No other competition that provides industrial cleaning and tailoring services under one roof in the area. |
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| Owner
willing to finance:
$125K down/$100K over 120 mos. @ 8.50%. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Owner retiring after 40 plus years in business. |
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| REQUEST MORE INFO |
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