Quality Dry Cleaning Franchise Resale Opportunity
Not Disclosed, TX Harris County
Harris County
Seller's Contact Information
- RE: Quality Dry Cleaning Franchise Resale Opportunity
- Contact: Andres Ghersi
Quick Facts
| Asking Price: | $675,000 | |
| Annual Revenue: | $781,200 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $123,216 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $663,753 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 11 | |
| BBN Listing #: | 951744107 | |
| Broker Reference #: | 76931-774199 |
Business Overview:
This is an opportunity to acquire an established franchise dry cleaner operation, which includes three excellent locations in Katy, TX. The first location is the main processing facility, which is fully equipped with highly advanced equipment. This dry cleaning plant was established in 2014 and acquired by the current owner in 2018. The other two locations are satellite locations within a 5-mile radius from the main plant, and all service a 10-mile radius in the community. All three locations contain a drive-thru.
The plant is equipped with a hydrocarbon dry clean machine and a Union HL 890, which is currently one of the best on the market. All other equipment in the store is top-of-the-line, in great shape, and has been well-maintained. Over $663,000 was spent on the equipment of the dry clean plant alone. An additional $160,000 was spent on the build-out, furniture, and fixtures of all three locations.
There is ample room for growth for the ambitious new owner as the current owner does not have the time that is needed to be fully invested in this business. Opportunities exist in increased marketing efforts and fulfilling the demand for pickup and delivery services. This is a perfect acquisition for a buyer looking to enter the dry-cleaning industry and purchase a profitable operation that looks brand new.
This group of dry cleaning stores have been operating since 2015 in the Katy area, new owner acquired the business in 2018. This dry cleaning business has a dry cleaning plant/store, and two drop stores that increase operative volume and bring revenues and profits to the main store. This quality dry cleaners is a franchisee of a respected and well knowned franchise operation.
Dry cleaning industry started to pickup this year after the covid fall it showed in 2020. Estimates are that industry will be at the excellent 2019 levels at the end of the year.
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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 homebased business opportunity.
- This is a franchise resale opportunity
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