Well Established Dry Cleaner - Prime Location w/Growth Potential

Listing Number: 76931-846621

Description

This is a gorgeous and very 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. They offer alteration, service substations and hotels in the area. There is a lot of growth potential by servicing more hotels and drop-off locations, this makes it ideal for a family operator. This business has been in the same location for twenty four years. 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 in the $210K-$220K giving a seller’s annual benefits of more than $70K. Currently, the business is owner-operator by the original establishing owner with the of a manager who has been with the business for the last 13 years. Seller finance for qualified buyer can be considered.

Listing Details

  • Price: $198,000
  • Down Payment: $198,000
  • Sellers Discretionary Earnings: $65,000
  • Total Sales: $210,000
  • Location: Harris County, Texas

  • Inventory: $0
  • FF&E: $90,000
  • Employees: 7
  • Year Established: 1995
  • Reason for Selling: Retirement
  • Category: Cleaning/Clothing
Well Established Dry Cleaner - Prime Location w/Growth Potential

Business Listed By:

Lou Sabbagh