Dry Cleaner Operation in Galveston *Rare Opportunity*

Galveston County, TX

Dry Cleaner Operation in Galveston *Rare Opportunity*
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Asking Price: $699,000

Cash Flow: $313,905

Gross Revenue: $770,135

EBITDA: N/A

FF&E: $300,000

Inventory: $2,000

Rent: $3,820 /Month

Established: N/A

Dry Cleaner Operation in Galveston *Rare Opportunity*

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Business Description

Up for sale is a well-established dry cleaners in Galveston. This sale includes a fully equipped dry clean plant as well as a drop store located near by. This dry cleaners is well known in the area for great quality and customer service. This family-owned business has been serving the community for over 30 years. Within the last couple of years, the owner has put in a brand new Union, hydrocarbon dry cleaning machine as well as brand new Unipress rotary shirt unit. The compressor and commercial water heater was also replaced with brand new units within the last couple of years. The greatest thing about this deal is that Galveston county is not allowing anymore dry clean plants to be built; this means you do not have to worry too much about competitors coming to the area!

The seller owns the real estate for the dry clean plant. Lease terms can be negotiated. Lease will be $3,820/month and does not include maintenance. Tenant will be responsible for maintenance.

The drop store lease is currently $950/month.

This is a rare opportunity to own a dry cleaners in Galveston with excellent margins and profit!

Detailed Information

Location:
Galveston County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
N/A
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
retiring
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(from currently available funds)
 
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Quoc Pham

Business Listed By:
Quoc Pham

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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