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19152143

30 Year Old Dry Cleaner with RE in Huntsville AL For Sale

PW
00000000
Transworld Business Advisors - Birmingham
Listed by Transworld Business Advisors - Birmingham
$850,000
731 days on market
Updated 5 days ago
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 2,678
Units 1
Cap Rate 11.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Class C
Year Built 1994
Year Renovated 2012
Buildings 1
Stories 1
Acreage 0.46 - 0.65

Exceptional 30+Year Old Dry Cleaner & Real Estate For Sale

Marketing description

Business Overview:

Location: Huntsville, Alabama

Business Type: Dry Cleaning

Years Established: 30 years

Real Estate: Included (Plant and Drop-off Store)

Key Highlights:

Prime Locations: This business features one plant location and one drop-off store, both strategically situated near a highly accessible main highway with excellent visibility.

Consistent Performance: Enjoy demonstrated consistent sales year over year, supported by a loyal customer base and steady same-day sales activity.

Quality Equipment: All equipment in the plant is in good condition with proper maintenance documentation, ensuring smooth and efficient operations.

Experienced Staff: Benefit from a low turnover rate with a ready-made staff in place, ensuring continuity and reliability.

Seller Financing: The owner is willing to finance up to 60% of the total amount, subject to final approval and review of the buyer, making this an accessible investment opportunity.

Why Invest?

Established Clientele: A long history of established clients ensures recurring revenues and a stable income stream.

Reputable Brand: Leverage a strong brand presence and community trust built over three decades.

Growth Potential: Ideal for an owner-operator to further expand services or an absentee investor to continue reaping steady profits.

Strategic Location: High-visibility storefronts in bustling areas with strong foot traffic, enhancing business exposure and customer accessibility.

Supportive Transition: Seller is willing to offer financing options to qualified buyers, facilitating a smoother transition and ownership experience.

Ideal Buyer:

This opportunity is perfect for an owner-operator looking to enter or expand within the dry cleaning industry or an absentee investor seeking a stable, profitable venture with existing infrastructure and staff.

Seize this Unique Opportunity:

Join the legacy of this thriving dry cleaning business and continue to serve a loyal and growing customer base with the potential for significant future growth. Contact us today to learn more about this exceptional opportunity and take the first step towards owning a successful dry cleaning business with included real estate!

Plant location is an estimated 2,678 GBA owner occupied property. The other store location is a drop store in a highly visible shopping center area with strong demographics to support the store. Monthly Rent for the drop off location is $2,457 month and leasing 1,108 SFT. Lease Drop off store lease is a NNN structure with a 2 year maturity with an extra two year option.

Investment highlights

  • Down Payment: $499,500

  • Sellers Discretionary Earnings: $ 232,293

  • Total Sales: $ 614,057

  • FF&E: $ 381,645

  • Employees: 14

  • Year Established: 1994

  • Real Estate Asking Price for Plant location only is $461,750

  • Business Value is estimated at $537,250 or higher.

Listing Contacts

PW
00000000
Transworld Business Advisors - Birmingham
Listed by Transworld Business Advisors - Birmingham

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