Dry Cleaners In Northeast Houston

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$295,000 $400,440

Services: Dry Cleaning & Laundry


Request More Information
Contact the Seller

RE: Dry Cleaners In Northeast Houston Broker: Quoc Pham
Owner Financing is Available!

Quick Facts

Asking Price: $295,000
Annual Revenue: $400,440
Net Profit: Not Disclosed
Cash Flow: $118,104
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 528644107
Broker Reference #: 76931-370914

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

Up for sale is an opportunity to acquire a dry cleaner located in northeast Houston. This dry cleaner has been established for over 20 years and has always been a profitable business. The current owners are the second owners of this business and have owned it for nearly 10 years.
This is a full-service plant which utilizes the more environmentally friendly chemical in their dry cleaning process. The plant is equipped with a Union hydrocarbon dry cleaning machine. All equipment has been well-maintained and is in good working condition. The front counter is also equipped with computers and dry cleaning point of sale systems.
Sales for this business were not as affected by COVID-19 and the shutdown of the city of Houston, compared to most other dry cleaners throughout the city. On an additional positive note, for the recent months of 2021, sales for this location have been outperforming pre-covid sales month-over-month.
While business is currently generating excellent sales and profits, there is ample equipment and space to handle an additional 50% more business.
As an owner-operator, a buyer can expect to generate a discretionary earnings of well over $100k annually with ample opportunities to increase earning potential further.
Note: Real estate can be purchased for an additional $400,000.00.
Note: If you plan to purchase without purchasing the real estate, seller is offering a lease with monthly rent starting at $5,000.00 a month. This includes base rent and NNN.
If you're looking for an opportunity to purchase a dry cleaning business with real estate. This is your opportunity! Seller is very open to work this deal either way.
**CASH FLOW: With the purchase of the business and the real estate together and not having to include the lease expense then the annualized estimated cash flow is $178,104.00!

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:

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!