Established Dry Cleaners in Kingwood!! Semi-Absent

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$299,000 $372,000

Services: Dry Cleaning & Laundry

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RE: Established Dry Cleaners in Kingwood!! Semi-Absent Broker: Gerald G Brisson
Owner Financing is Available!

Quick Facts

Asking Price: $299,000
Annual Revenue: $372,000
Net Profit: Not Disclosed
Cash Flow: $131,192
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 8
BBN Listing #: 75844107
Broker Reference #: 76931-366172

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Business Overview:

*Semi-Absentee business* Owner is not relied upon for day-to-day operations.

This dry cleaners has been in Kingwood for over 20 years. It is situated right in the heart of Kingwood, a well-developed area with high household incomes and higher home values.

This operation is for an owner-operator OR a semi-absentee owner. Profit will be higher if an owner wanted to replace an employee.

The plant averages about $27,000 in monthly revenue with about $22,000 - $24,000 of that being credit cards. There is also another wholesale contract that this plant services that brings in an additional $4,000 a month, average.

**Seller is willing to finance up to $50,000 for qualified buyers.

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Property Features and Assets:

Plant has equipment in good working condition. There is one Columbia Hydrocarbon dry clean machines, a Sankosha rotary shirt unit, 2 Ajax cuff cuff/collar, One unimac washer, A William and Davis boiler in good condition, 1 unipress double legger, 1 unipress double topper, 1 dry clean pant press, 1 utility press and much more.

Market Competition and Expansion:

Opportunities to grow include adding additional drop stores. Mail out flyers to the surrounding community. Start a strong online presence with social media. Start pick up and delivery routes!

Reason for Selling:

Other business interests.

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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