Profitable Commercial and Retail Dry Cleaner
Profitable Commercial and Retail Dry Cleaner
Price: $1,200,000
Location: Houston, Texase
Industry: Drycleaning and Laundry Services
Listing ID: 2303
Highly profitable commercial and retail dry cleaning plant and stores in Houston, Texas available for sale due to the owner's planned retirement. This business is well established (over 30 years) and enjoys strong long-term relationships with its customers and has tenured staff that the owner expects to stay with the business. They are known for their top-notch customer service and for providing quality cleaning. They are environmentally friendly and do not use PERC.
The business generated over $1m in gross sales with over 34% net profit margins in 2022. The healthy mix of commercial accounts and retail accounts allowed this business to be profitable throughout the Covid-19 pandemic and the business has now fully recovered and continues to grow. This opportunity is ideal for an existing dry cleaning store owner who is looking to expand and enter the commercial market or for an individual looking to get into the industry.
Total Sales: $1,004,104
Cash Flow: $344,483
FFE Included: Yes
FFE: $370,000
Real Estate Included: No
Reason For Sale:
Retirement
Training & Support:
The current owner is offering training and support during the transition period.
Year Established: 1989
Employees: 13
Monthly Rent: $8,000
Square Footage: 4800
Facilities Information:
Dry cleaning plant with a retail location and 1 drop retail location.
Competition:
Contact us to receive a Confidential Business Opportunity Report which will highlight the competition and strengths and weaknesses of the business.
Potential Growth:
There are many opportunities for expansion and growth, including the following: adding additional commercial services and industries, adding retail drop locations, hiring salespersons to grow commercial accounts, and investing in advertising to increase sales.
Financing/Terms:
Seller financing is available on a case-by-case basis, approved by the owner.
For more information on this listing, please complete our Non-Disclosure Agreement
