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| Asking Price: |
$275,000 |
Status: |
Active |
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| Business Type: |
Manufacturing / Chemicals And Allied Products
Distribution / Distribution - Others |
Reference #: |
183001030 |
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| Business Location: |
Oklahoma |
Broker Coop: |
Yes |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$320,000 |
Full-Time Employee: |
2 |
| Cash Flow: |
$86,000 |
Part-Time Employee: |
2 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
Corporation |
Leased SqFt: |
5,000 SF |
| Year Established: |
1972 |
Rent /Month (Include NNN): |
$2,000 |
| Accounting Info(years): |
3 |
Lease Exp.Date: |
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| Franchise: |
No |
Original Lease (# of yrs): |
|
| Liquor License: |
No |
Lease Left (# of yrs): |
|
| Seating Available(#): |
|
Lease Option (# of yrs): |
5 |
| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
Mon - Fri 7am - 4pm |
Lease Transferable: |
Yes |
| Reason For Sale: |
|
Rent Increase: |
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| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
Yes |
| Real Estate Value: |
|
Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$275,000 |
| Fixture & Equipment Value: |
$50,000 |
Seller Financing Term(years): |
10yrs |
| Inventory Included: |
Yes |
Annual Interest Rate: |
5% |
| Inventory Value: |
$70,000 |
Min. Down Requested: |
$91,666 |
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Business Description |
This high margin and profitable business manufactures and distributes
products for the commercial dry cleaning and laundry business. Their
specialty manufacture of products and processes for the dry cleaning and wet
cleaning of leather and suede is the only one of it's kind in the industry.
International customer base provides a steady stream of repeat business.
Outstanding opportunity for growth. Seller is now passionate about outside
interests and looking for the type of buyer that will put new energy into a 37
year family business. |
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