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Industrial Tailoring And Cleaning Business For Sale

Harris County, Texas, US
Asking Price:
$225,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$474,576
Cash Flow:
$86,015

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.

Property Information

Real Estate:

Lease

Premises Details:

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.

Business Operation

Expansion Potential:

Potential growth for this business is great. Heavy referral and repeat business. Only game in town. Very little marketing of new business outreach currently.

Competition / Market:

No other competition that provides industrial cleaning and tailoring services under one roof in the area.

Reasons for selling:

Owner retiring after 40 plus years in business.

Trading hours:

Mon–Thurs 8:30am-6pm; Fri 8:30am-1pm

Employees:
12 FT
Years established:
51

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$125K down/$100K over 120 mos. @ 8.50%.

Furniture / Fixtures value:
$118,665 - included in the asking price
Inventory / Stock value:
$98,815 - included in the asking price