Dry Cleaner in Galveston *Rare opportunity

Not Disclosed, TX
Galveston County


Asking Price: Annual Revenue:
$699,000 $770,135

Services: Dry Cleaning & Laundry


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RE: Dry Cleaner in Galveston *Rare opportunity Broker: Quoc Pham

Quick Facts

Asking Price: $699,000
Annual Revenue: $770,135
Net Profit: Not Disclosed
Cash Flow: $313,905
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 13
BBN Listing #: 21644107
Broker Reference #: 76931-638355

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Business Overview:

Up for sale is a well-established dry cleaners in Galveston. This sale includes a fully equipped dry clean plant as well as a drop store located near by. This dry cleaners is well known in the area for great quality and customer service. This family-owned business has been serving the community for over 30 years. Within the last couple of years, the owner has put in a brand new Union, hydrocarbon dry cleaning machine as well as brand new Unipress rotary shirt unit. The compressor and commercial water heater was also replaced with brand new units within the last couple of years. The greatest thing about this deal is that Galveston county is not allowing anymore dry clean plants to be built; this means you do not have to worry too much about competitors coming to the area!

The seller owns the real estate for the dry clean plant. Lease terms can be negotiated. Lease will be $3,820/month and does not include maintenance. Tenant will be responsible for maintenance.

The drop store lease is currently $950/month.

This is a rare opportunity to own a dry cleaners in Galveston with excellent margins and profit!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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