Dry Cleaning Drop Store Near Conroe

Harris County, TX

Dry Cleaning Drop Store Near Conroe
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Asking Price: $35,000

Cash Flow: N/A

Gross Revenue: $90,000

EBITDA: N/A

FF&E: N/A

Inventory: $100*

Established: 2003

*not included in asking price.

Dry Cleaning Drop Store Near Conroe

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Business Description

We have a dry clean drop store for sale located in Willis Texas on the edge of Montgomery and Conroe. This drop store has been in the same location for over 15 years. Revenues at this store used to be $15k+ monthly but due to previous owners changing the same day service option, half the clientele left. Prior owners also kept changing the opening and closing times due to shortage of staff.

The current new owner bought this store May 2018 and has added same day service back and also fixed the opening and closing time back to normal dry cleaner hours. Revenue currently is between $7k-$8k monthly. Rent is only $1200 including NNN for the next 4.5 years. This is a very good rate!! It is currently profitable.

Current owners gutted the whole store and fully renovated this location in May 2018. Fresh new paint, fresh new tiles and a brand new restroom. Owners also added dry clean pro pos system and an automated conveyor.

There is lots of opportunity to grow this store especially with routes. Surrounding neighborhoods like Bentwater have median house values at $379,000.

Detailed Information

Location:
Harris County, TX
Inventory:
Not included in asking price
Employees:
2
Facilities:
At one point this location use to be much busier. At one point this store generated an average of $15k gross revenue monthly. Due to bad management and changes from previous owner, revenue started declining.
Competition:
This is the only dry cleaners in the area, zero competition. Nearest competition is about 15 minutes away.
Reason for Selling:
other interests
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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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