Dry Cleaners and Car Wash with Real Estate

Houston, TX (Harris County)

Dry Cleaners and Car Wash with Real Estate
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Asking Price: $1,790,000

Cash Flow: $202,940

Gross Revenue: $501,360

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2002

Dry Cleaners and Car Wash with Real Estate

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Business Description

Amazing investment opportunity that includes a retail shopping center, a car wash, and profitable dry cleaners.

This property's location has high visibility with 40,000+ vehicles per day on FM 529. Directly across from this property is a Wal-Mart Supercenter that is very busy.

Car wash was built in 2002 and has 10 car wash bays and 12 vacuum bays. Retail strip center was built in 2005 and has two spaces. One space is rented out to a Nail Salon. Second space is a profitable dry cleaner which is owned and ran by the sellers.

Both the dry cleaners and car wash is included with this property in the sale.

**Property alone was appraised at $1,400,000 in 2005.

There is tremendous growth potential for the existing businesses here or even re-development opportunities!! Excellent location!!

Detailed Information

Location:
Houston, TX
Inventory:
Included in asking price
Employees:
6
Facilities:
Huge opportunity to increase revenue with marketing efforts for dry cleaners and car wash. The dry cleaner has lots of potential to increase business by adding drop stores , routes, and a social media presence although it is already doing well. Converting a couple of the car wash self-serve bays to automatic will create strong revenue increases. **With this property being located at a prime location with high traffic visibility this could also be a great property to redevelop**
Support & Training:
4 weeks
Reason for Selling:
retiring
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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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