Dry Cleaner with 4 Drop Stores in Pasadena

Listing Number: 76931-774635

Description

Established over 50 years ago was this dry cleaning operation with a reputation for great quality. The current owner has owned it for about a decade and is ready to semi-retire. This listing includes a dry clean plant and 4 drop off locations. The owner is only present and involved at the main location and all the drop stores are mainly run by employees.

The boiler is fairly new and was replaced in 2014 with a brand new Fulton 20 HP. The dry clean machine uses the more environmentally friendly solvent, hydrocarbon.

Business has proven to be steady with this operation still around after over 50 years later. However, there are many opportunities to drastically improve and grow this business.

Seller is willing to finance up to $200,000 for qualified buyers.

Listing Details

  • Price: $475,000
  • Down Payment: $275,000
  • Sellers Discretionary Earnings: $176,348
  • Total Sales: $854,839
  • Location: Harris County, Texas

  • Inventory: $1,500
  • FF&E: $250,000
  • Employees: 19
  • Reason for Selling: Retiring
  • Category: Cleaning/Clothing
Dry Cleaner with 4 Drop Stores in Pasadena

Business Listed By:

Quoc Pham