Listing Number: 76931-774199
Description
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.
Listing Details
- Price: $ 495,000
- Down Payment: $495,000
- Sellers Discretionary Earnings: $ 123,216
- Total Sales: $ 781,200
- Location: Fort Bend County, Texas
- Inventory: $ 0
- FF&E: $ 663,753
- Employees: 11
- Year Established: 2018
- Reason for Selling: Investing in other business
- Category: Cleaning/Clothing
