Seller's Contact Information
- RE: Profitable Dry Cleaners In Houston! Prime Location
- Contact: Quoc Pham
Quick Facts
Asking Price: | $449,000 | |
Annual Revenue: | $408,442 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $181,060 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 352144107 | |
Broker Reference #: | 76931-549744 |
Business Overview:
Location, location, location! This dry cleaners is located in a well-sought after area with lots of high value homes and high median income clientele. This location has served the community for over 15 years with many happy clients. The neighbors on Nextdoor.com has voted this store as a 'community favorite dry cleaner' for 3 years in a row. 2017, 2018 and 2019.
The current owner has the store running very efficiently by having all of his employees cross-trained and able to work all positions in the production department. Everyone works as a team until production is 100% complete.
The main equipment in a dry business which is the boiler, dry clean machine and the laundry shirt unit is all in excellent condition in this store. The boiler was replaced with a brand new Fulton boiler in 2015. The laundry shirt unit was added in 2018 with a brand new Sankosha rotary unit. The cuff and collar and dry clean presses are all Sankosha has well.
Although this store is already busy, it is well-equipped to handle much more business.
Seller is willing to finance up to 30% to a qualified buyer.
With great profit, great location and great equipment, this listing will not last long!
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Market Competition and Expansion:
There are lots of opportunities for growth at this location. One is adding routes to pick up and deliver clothes to residential clients. This is a great opportunity since this area is surrounded with high value homes and high median income clientele. Other opportunities would be to add drop stores and to focus on marketing as there is zero focus on marketing right now.
Reason for Selling:
Retiring
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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