Dry Cleaners offered at 37% Discount of Market $

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$145,000 Not Disclosed

Services: Dry Cleaning & Laundry

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RE: Dry Cleaners offered at 37% Discount of Market $ Broker: Louis Sabbagh

Quick Facts

Asking Price: $145,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 7
BBN Listing #: 327344107
Broker Reference #: 76931-691826

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Business Overview:

This is a gorgeous and well run Dry Cleaning Business located close to the feeder of the newly expanded Northwest Freeway in a very busy commercial area with several anchor stores. This business is offered at a highly discounted fair market price (37% discount to fair market price). They offer alteration, service three substation, and three hotels in the area. Business has been steady over the last five years in spite of the 290 construction work. With the completion of 290 works business started picking up. Annual sales are over quarter of a million with seller’s benefits greater than $65,000. Currently, the business is owner operator; however it can easily be absentee owner due to the presence of a manager in place who has been with the business for 13 years. If you are interested in a money making dry cleaning business don't let this opportunity go by.

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Property Features and Assets:

The business being in the same location for 24 years and with the current owner for 5 years.

Market Competition and Expansion:

With the completion of the 290 construction the business is projected to increase. Also, contracting more accounts like hotels or substations present another growth opportunity.

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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