Dry Cleaners in Houston - Excellent Location!

Houston, TX
Harris County


Asking Price: Annual Revenue:
$295,000 $295,851

Services: Dry Cleaning & Laundry


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RE: Dry Cleaners in Houston - Excellent Location! Broker: Quoc Pham

Quick Facts

Asking Price: $295,000
Annual Revenue: $295,851
Net Profit: Not Disclosed
Cash Flow: $82,110
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 860944107
Broker Reference #: 76931-370888

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Business Overview:

Located in Northwest Houston on the outskirts of Copperfield is a well maintained dry clean plant for sale. The current owners have owned this store since 2013 and have meticulously taken care of every aspect of this business including the equipment's.

Sellers have this store running very efficiently. Each employee has their own primary roles to work, but after they finish their role, they work as a team to help assemble 100% of the orders to have it ready for customer's to pick up. This store is super clean and is equipped with an environmentally-friendly, hydrocarbon dry clean machine. It is a 90lb machine in great condition. The boiler is also in good condition. These two pieces of equipment are a couple of the most important equipment in a dry clean business and they are in excellent condition!

This store is generating some solid numbers, but the way it is equipped right now, it is operating at about 50% capacity. This store can handle MUCH more business.

COVID update: Dry cleaners took a hit due to COVID in 2020, but this location has bounced back quite well. Attached below, you will see the effect on revenues for 2020. Each month is broken down month by month. Currently, this business is down roughly 20% of pre-covid sales. Originally this business was suppose to be listed last year March 2020 at $395,000, but due to the drop in sales and profit from COVID, we are now listing the business for sale at $295,000. This is an excellent dry cleaners that survived COVID and this is a great price. Seller expects nothing but an upward trend in sales from here, especially with vaccines out and more people going back to work.

The real estate is also for sale. Please inquire and we can discuss.

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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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