Seller's Contact Information
- RE: Profitable Commercial And Retail Dry Cleaner
- Contact: Jason Ward
Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $1,004,104 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $344,483 | |
Total Debt: | Not Disclosed | |
FF&E: | $370,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 13 | |
BBN Listing #: | 935760045 | |
Broker Reference #: | 2303 |
Business Overview:
Highly profitable commercial and retail dry cleaning plant and stores in Houston, Texas available for sale due to the owner's planned retirement. This business is well established (over 30 years) and enjoys strong long-term relationships with its customers and has tenured staff that the owner expects to stay with the business. They are known for their top-notch customer service and for providing quality cleaning. They are environmentally friendly and do not use PERC.
The business generated over $1m in gross sales with over 34% net profit margins in 2022. The healthy mix of commercial accounts and retail accounts allowed this business to be profitable throughout the Covid-19 pandemic and the business has now fully recovered and continues to grow. This opportunity is ideal for an existing dry cleaning store owner who is looking to expand and enter the commercial market or for an individual looking to get into the industry. The owner is committed to a smooth transition to ensure the new owner is fully trained and that customer relationships are transferred.
The business has been pre-approved for SBA financing. Seller financing is also available, on a case-by-case basis. $1,400,000 price for seller-carry with 50% down.
Contact us now through the ad to obtain the link for the electronic confidentiality agreement and buyer registration. Upon completion of these forms, we will send you detailed information about the business for sale. Learn how you can buy a business for as little as 5% down on qualified SBA listings or how to use creative financing options to get deals done! At TruView Business Advisors, we have the highest-quality listings. Get added to our buyer list today to receive priority notification of new listings within your search parameters!
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Note to Inquirer: Upon inquiring about the business for sale, you will be automatically sent an email with the links to the confidentiality agreement and buyer registration. If you do not see this email check your junk or spam folders as the email is system generated and will occasionally be flagged by your email provider. To protect the confidential nature of the sale of the business, we are unable to share any information about the business until both of these forms are completed.
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Property Features and Assets:
Dry cleaning plant with a retail location and 1 drop retail location.
Market Competition and Expansion:
There are many opportunities for expansion and growth, including the following: adding additional commercial services and industries, adding retail drop locations, hiring salespersons to grow commercial accounts, and investing in advertising to increase sales.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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