Dry Cleaner in Houston-50%Seller finance available

Not Disclosed, TX
Montgomery County


Asking Price: Annual Revenue:
$269,000 $384,599

Services: Dry Cleaning & Laundry


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RE: Dry Cleaner in Houston-50%Seller finance available Broker: Quoc Pham
Owner Financing is Available!

Quick Facts

Asking Price: $269,000
Annual Revenue: $384,599
Net Profit: Not Disclosed
Cash Flow: $106,135
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 6
BBN Listing #: 468844107
Broker Reference #: 76931-500116

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Business Overview:

Up for sale is an opportunity to buy a dry cleaner located in The Woodlands, Texas. The Woodlands is a city in Texas that has been recognized as the #1 best city to live in, in America. The Woodlands is located 28 miles north of Houston along Interstate 45.

The Woodlands offers many entertainment venues including several movie theaters, over 150 restaurants, a publicly accessible waterway, dancing waterfalls with music, the Cynthia Woods Mitchell Pavilion, and many more.

The sellers came to the United States and bought this business in June 2017 with zero knowledge of the dry clean business. The sellers successfully grew the business from around $300k annual sales to $400k annual sales in 2019. Sales were continuing to grow along with the rapid growth of the Woodlands, but COVID-19 did slow the business down in 2020. Even with COVID-19, this business survived and currently in 2021 has seen business slowly getting back to pre-covid sales. The sellers anticipate nothing but positive, upward trends in sales from now on.

This store is located in a great location surrounded by many businesses and neighborhoods. The business itself is fully equipped and the equipment is in great condition. The owners replaced the boiler in 2017 with a brand new 25 horsepower boiler. The dry clean machine is a Union hydrocarbon machine that utilizes more environmentally friendly chemicals. Lastly, the store is utilizing a point of sale system that keeps accurate records of customers and financials.

Although this business is generating great sales and profit, there is enough equipment here to handle an additional 50% of more garments.

The success of this business was driven purely by good customer service and quality. There is ample room for growth for the ambitious new owner. You can offer additional services like routes for pick up and delivery, wash and fold, leather cleaning, shoe repair, and many more.

If you're looking for an opportunity to get into the dry clean business or just looking to expand your current dry clean operations, this is a great opportunity for you!

Sales for the last quarter of 2021 finished strong with an average of $34,871 a month. Seller is willing to seller finance up to 50% for a qualified buyer.

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:

Family

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.

Relevant Links:

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