Dry Cleaning Drop Store Near Conroe

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$35,000 $90,000

Services: Dry Cleaning & Laundry

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RE: Dry Cleaning Drop Store Near Conroe Broker: Gerald G Brisson

Quick Facts

Asking Price: $35,000
Annual Revenue: $90,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 2
BBN Listing #: 379144107
Broker Reference #: 76931-609106

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Business Overview:

We have a dry clean drop store for sale located in Willis Texas on the edge of Montgomery and Conroe. This drop store has been in the same location for over 15 years. Revenues at this store used to be $15k+ monthly but due to previous owners changing the same day service option, half the clientele left. Prior owners also kept changing the opening and closing times due to shortage of staff.

The current new owner bought this store May 2018 and has added same day service back and also fixed the opening and closing time back to normal dry cleaner hours. Revenue currently is between $7,000 - $8,000 monthly. Rent is only $1,200 including NNN for the next 4.5 years. This is a very good rate!! It is currently profitable.

Current owners gutted the whole store and fully renovated this location in May 2018. Fresh new paint, fresh new tiles and a brand new restroom. Owners also added dry clean pro pos system and an automated conveyor.

There is lots of opportunity to grow this store especially with routes. Surrounding neighborhoods like Bentwater have median house values at $379,000.

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Property Features and Assets:

At one point this location use to be much busier. At one point this store generated an average of $15,000 gross revenue monthly. Due to bad management and changes from previous owner, revenue started declining.

Market Competition and Expansion:

This is the only dry cleaners in the area, zero competition. Nearest competition is about 15 minutes away.

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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